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What are Office 365's subscription-based plans? Give examples of two such plans and describe their features.
Overapplied Overhead
Overapplied overhead occurs when the allocated overhead cost in production exceeds the actual overhead expenses incurred, leading to adjustments in accounting.
Closing Account
The process of preparing accounts for the end of an accounting period, involving transferring temporary account balances to permanent ones.
Long Term Strategic
Pertaining to long-range planning and actions aimed at achieving major goals or objectives.
Marketing Costs
Expenses related to promoting, selling, and distributing a product or service.
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