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Which of the following statements about the various types of leisure (active,passive,social,etc. ) is true?
Profits
The financial gain obtained when the revenue generated from business activities exceeds the expenses, costs, and taxes needed to maintain the operation.
Re-Invested
Capital or earnings that are put back into a business or investment to support growth or generate additional revenue.
Company
An entity engaged in commercial, industrial, or professional activities, either as a single individual or a group of people structured as a corporation, partnership, or sole proprietorship.
Depreciation
The accounting method of allocating the cost of a tangible asset over its useful life, representing how much of the asset's value has been used up.
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