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Profit Center
A segment of a company that is directly responsible for generating its own revenue and profit, often evaluated independently for performance assessment.
Long-Term Liabilities
financial obligations of a company that are due more than one year in the future, including bonds payable, long-term lease obligations, and pension liabilities.
Service Department Charges
Expenses allocated to a company's operational departments that provide support or services to other internal departments rather than directly to customers.
Operating Expenses
These are costs associated with the day-to-day operations of a business, excluding cost of goods sold, and may include rent, utilities, and salaries.
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