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Which of the following is not true regarding the Dow Theory?
Variable Expenses
Expenses that depend on the number of items produced, such as raw materials.
Utility Bills
Invoices sent by service providers (water, gas, electricity) to consumers for the consumption of utilities.
Entertainment Costs
Expenses incurred for activities related to enjoyment, such as movies, sports events, and concerts.
Net Worth
The difference between a person’s assets (what is owned) and that person’s liabilities (what is owed).
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