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Which strategy would be most effective at reducing child care-related job absenteeism in parents?
Accrual Basis
A bookkeeping approach that logs income and expenses at the time they are accrued, without taking into account the timing of the cash flows.
Cash Basis
An accounting method where revenues are recognized when cash is received, and expenses are recognized when cash is paid out.
Administrative Expenses
Expenses incurred that are not directly tied to a specific function like manufacturing, production, or sales, usually including items like rent, utilities, and management salaries.
Operating Expenses
Costs associated with the day-to-day operations of a business, such as rent, utilities, salaries, and maintenance, but not including cost of goods sold.
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