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In the On Assignment excerpt about Teresa Wiltz's reporting experience in Kabul, Wiltz discusses the following:
Selling Expenses
Costs incurred directly and indirectly in making sales, including advertising, commissions, and shipping expenses.
Operating Expenses
Ongoing costs for running a business that do not include the cost of goods sold but can cover expenses such as rent, utilities, and salaries.
Accounts Payable
Accounts payable is the amount a company owes to its suppliers or creditors for goods or services received but not yet paid for.
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