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Which of the following is the most important part of a bad-news message?
Standard Cost System
A cost accounting system that uses cost standards for prices and quantities to control costs.
Cost of Goods Sold
The expenses directly related to the manufacturing of products a company sells, such as raw materials and workforce costs.
Selling and Administrative Expenses
Operating expenses not directly tied to the production of goods, including costs related to sales, marketing, and general administration.
Cost of Goods Sold
The direct costs attributable to the production of the goods sold by a company, including materials, labor, and overhead.
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