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A diverse fabric of organizations created by people,not necessarily political,to help define and advance their own interests is known as
Cost Of Goods Sold
Costs pertaining directly to the crafting of goods a business sells, covering both labor and material expenses.
Perpetual Inventory System
An accounting method that records the sale or purchase of inventory immediately through the use of technology, ensuring continuous updating of inventory and cost of goods sold data.
Freight Costs
Expenses incurred by a company to ship its products to customers, usually varying based on distance and weight.
Inventory Account
An accounting record that tracks the cost of goods available for sale or used in production.
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