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Selling Expense
Costs incurred to sell a product, including advertising, sales commissions, and other expenses directly related to the sales process.
Administrative Expense
Costs associated with the general administration of a business, such as salaries of executive officers, legal fees, and office supplies.
Investing Activities
Activities related to buying and selling long-term assets and various investments, which appear in a firm's statement of cash flows.
Comparative Balance Sheet
A financial statement that presents the financial position of a company at two or more different points in time, allowing for trend analysis.
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