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Using the graph below, which of the following is true of its function?
Operating Expenses
The costs associated with running the core operations of a business that are not directly tied to the production of goods or services, such as rent, utilities, and salaries.
Operating Expenses
Costs incurred in the day-to-day operations of a business, excluding costs related to producing goods or services.
Supplies Expense
The cost associated with materials or goods required to operate a business but not directly tied to the products sold.
Rent Expense
This outlines the cost incurred by a business to use property or equipment as part of its operational activities for a certain period.
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