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Which of the following comes directly from external customers?
General Costs
Broadly, expenses that are not directly tied to a specific product or service, often including overhead costs.
Period Costs
Expenses that are not directly tied to production activities, typically including selling, general, and administrative expenses.
Income Statement
An Income Statement is a financial document that shows a company's revenues and expenses over a specific period, highlighting its profit or loss.
Expenses
The costs incurred in the process of earning revenue, categorized as operating or non-operating depending on their nature.
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