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In a job-order costing system, if costs are incurred to rework a job due to inadequate training of personnel, these costs would be
Capital
Refers to financial assets or resources that businesses use to fund their operations and growth.
Sunk-cost Fallacy
The misconception of valuing continued investment in a project or decision based on the already incurred costs, irrespective of future benefits.
Fixed Costs
Expenses that do not change with the level of output or sales in the short term, such as rent, salaries, and insurance premiums.
Sound Systems
Equipment designed for the reproduction of audio signals, typically involving a source, amplifier, and speakers.
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