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Administrative Expenses
Costs related to the general operation of a business that aren't directly tied to a specific project or product.
Indirect Cost
Expenses not directly tied to the production of goods or services, such as office supplies, utilities, and administrative salaries.
Bankruptcy
A legal proceeding involving a person or business that is unable to repay their outstanding debts, leading to a reorganization or elimination of debt under the laws of bankruptcy.
Key Employees
Employees considered crucial to the operation and success of a business due to their skills, knowledge, or roles.
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