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Define protective factor.Provide three examples of protective factors.
Book Value
The net value of a company's assets minus its liabilities, often used to determine the value of a company's shares.
Operating Assets
Resources employed in a business's regular activities for income generation, such as money, stock, and machinery.
Static Budget
A fixed budget that does not change or adjust over the budget period, irrespective of changes in actual activity levels.
Manufacturing Costs
All expenses directly involved in the production of a product, including raw materials, labor, and factory overhead.
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