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The most notable advantage of using participants as observers is:
Net Operating Income
The profit a company generates from its operations, excluding taxes and interest.
Cost of Goods Sold
The direct costs attributable to the production of goods sold by a company, including materials and labor.
Cost of Goods Manufactured
The total cost incurred by a company to produce goods in a specific period, including materials, labor, and overhead costs.
Accounting Records
Documentation and books that capture all financial transactions of a business, company, or individual, providing a basis for financial statements and audits.
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