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You have a new web app and the host for it is going to provide storage for your data on their server. What is this called?
Net Loss
A situation where total expenses exceed total revenues during a specific period, resulting in negative profit.
Net Cash Flow
The difference between a company's cash inflows and outflows within a specific period.
Operating Activities
Transactions related to the core business operations of a company, including revenue-generating activities and expenses necessary for generating revenue.
Prepaid Expenses
Expenses paid for in advance of the period in which they will be used or consumed, recorded as assets on a balance sheet until the benefit is received.
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