Examlex
Which of the following statements is incorrect?
Operating Expenses
Costs that are necessary for the day-to-day functioning of a business, excluding direct material and direct labor costs.
Customer Orientation
A strategy in business aimed at recognizing and satisfying the demands and anticipations of clients.
Corporate Social Responsibility
A business model where companies integrate social and environmental concerns in their operations and interactions with stakeholders.
Managerial Accounting
The practice of identifying, measuring, analyzing, and interpreting accounting information for internal decision making.
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