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What is outsourcing? List two advantages of outsourcing.
Income and Losses
Represents the financial performance of a business, where income refers to the earnings and losses indicate the expenses exceeding earnings over a period.
Original Investments
The initial amount of money put into purchasing assets or starting a venture, setting the foundation for future growth or income.
Net Income
The total profit or loss a company, generates after all expenses, taxes, and costs have been deducted from total revenue.
Salary Allowances
Specific amounts allocated regularly, often monthly, for salaries, including any adjustments for benefits or deductions.
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