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Identify the Statement That Would Be Appropriate for a Legal

question 9

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Identify the statement that would be appropriate for a legal proceeding and would be included in the patient's file.


Definitions:

Variable Costs

Costs that change in proportion to the goods or services that a business produces, such as materials and labor.

Total Cost

The costs, both explicit and implicit, of all the resources used by the firm. Total cost includes a normal rate of return for the firm’s equity capital.

Profitable

A financial status indicating that revenues exceed the costs and expenses associated with operating a business.

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