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Which of the following portfolios have the least risk?
Indirect Labor
Costs associated with employees who are not directly involved in the production of goods or services, such as maintenance and clerical staff.
Precision Drills
Specialized tools or equipment designed for creating holes with exact dimensions and tolerances.
Oil Exploration
The process of searching for underground or underwater oil reserves with the goal of drilling and extracting oil.
Standard Costs
Predetermined costs for manufacturing a product or providing a service, used as benchmarks to measure performance.
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