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Which of the following is NOT a function of the PCM?
Acquisition Costs
The total cost associated with acquiring a new asset, customer, or property, including all legal, advisory, and administrative expenses.
Customer Retention
The activities and actions companies take to reduce the number of customers leaving or switching to a competitor.
Rate of Return
The gain or loss on an investment over a specified period, expressed as a percentage of the investment's initial cost.
High-profitability
Refers to the ability of a business or investment to generate earnings significantly above its costs and expenses.
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