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What is perceptual categorization?
Operating Expenses
The costs required for a business to maintain its daily operations, such as rent, salaries, and utilities.
Running The Business
The ongoing process of managing the operations, finance, and strategy of a company to sustain and grow its activities.
Income Statement
A financial statement that reports a company's financial performance over a specific accounting period, detailing revenues, expenses, and net income.
Net Income
The total earnings of a company after subtracting all expenses, taxes, and costs, representing the actual profit during a specific period.
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