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Figure 1.1
Identify the levels of organization in the figure above.
-Label E: ______________________________
Factory Supplies
Consumable items used in a manufacturing process, excluding raw materials and labor.
Sales Commissions
A portion of the sale amount given to salespersons as a reward for selling products or services.
Depreciation
The systematic allocation of the cost of a tangible asset over its useful life.
Equipment
Includes tangible assets used in operations, such as machinery and computers, which have a useful life beyond one accounting period.
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