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Describe burnout and its stages.
Operating Expenses
Costs related to the normal day-to-day operations of a business, excluding the cost of goods sold.
Cost Of Goods Sold
The total cost directly associated with producing or acquiring the goods sold by a company during a specific period.
Periodic Inventory Systems
Periodic Inventory Systems are accounting methods that calculate the inventory at the end of an accounting period to determine cost of goods sold and ending inventory.
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