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In determining the cost of bank financing,which is the important factor?
Customers Served
The number of unique individuals or entities that receive or utilize the services provided by a company or organization.
Planning Budget
A budget created before the start of the budget period, outlining expected revenues, expenses, and other financial activities.
Other Expenses
Costs that do not fit into the standard categories of operating expenses, often incidental or infrequent.
Spending Variance
The difference between the actual amount spent and the budgeted or planned amount for a specific period.
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