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When applying the standard order of operations to a series of operations, which of the following operations would you perform first?
Overhead Expense
Costs not directly tied to a specific product or service, such as rent, utilities, and administrative salaries.
Occupancy Insurance
A type of insurance policy that provides coverage for losses or damages to a property resulting from its use or occupancy.
Bookkeeping
The systematic recording, organizing, and maintaining of financial transactions for a business.
Financial Transactions
Exchanges or transfers of money between parties, which can include buying, selling, or trading assets.
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