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When you lose your train of thought during a presentation,you should
Cost Of Goods Sold
The immediate expenses linked to the manufacturing of products sold by a business, comprising costs for materials and labor.
Direct Method
An approach in cost accounting that traces costs directly to cost objects without distributing indirect costs.
Inventories
The raw materials, work-in-progress products, and finished goods that a company holds for the purpose of sale in the future.
Accounts Payable
Liabilities to creditors that must be paid within a short period, usually less than a year.
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