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Regarding virtual reality exposure,which of the following statements is FALSE?
Cost of Goods Sold
Costs directly incurred from the process of manufacturing goods that a company sells, including the costs of materials and labor.
Merchandise Sales
The revenue generated from selling goods that a company has purchased or produced for resale.
Gross Margin
The difference between revenue and cost of goods sold, which represents the total profit before deducting operating expenses.
Net Amounts
The remaining values after all deductions, such as discounts or expenses, have been made.
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