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COGNITIVE ASSESSMENT Which of the following activities is not considered part of the planning phase?
Profits
The financial gain obtained when the revenues generated from business activities exceed the expenses, costs, and taxes involved in maintaining the operation.
Total Costs
The aggregate cost of producing goods or services, inclusive of fixed and variable expenses.
Cultural Backgrounds
The amalgamation of elements like heritage, language, heritage, and traditions that shape an individual's identity and perspectives.
Situational Circumstances
The specific conditions or factors that are present and affect behavior and outcomes at any given time.
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