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Which of the following is not a common element found in failed decisions?
Cost Components
The elements that make up the total cost of a product or service, such as materials, labor, and overhead.
Flexible Budgets
Budgets that adjust or flex with changes in volume or activity levels of a business.
Static Budget
A budget based on a set level of activity and does not change in response to changes in business activity levels during the budget period.
Overhead Costs
Indirect costs incurred in the production process or in the provision of services that cannot be directly tied to a specific product or service.
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