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Which of the following is not an advantage of using cross-sectional designs in aging research?
Balance Sheet
A financial statement that displays a company's assets, liabilities, and stockholders' equity as of a specific date, showing the company's financial position.
Sole Proprietorship
A business structure owned by a single individual, where the owner and the business are legally considered the same.
Drawing Account
An account used to record the amounts withdrawn by an owner from the business for personal use.
Net Income
The total profit of a company after all expenses and taxes have been subtracted from total revenue.
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