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Which of the following is NOT one of the factors that influences the accounting environment?
Advantages
The favorable positions or conditions gained by a person or organization that provide a better opportunity for success.
Disadvantages
Negative or unfavorable aspects and conditions that hinder success or effectiveness.
Labor Costs
Expenses related to compensating employees, including wages, salaries, benefits, and taxes, incurred by an employer.
Pay System
The structure and methodology an organization uses to compensate its workers, encompassing salary, wages, bonuses, and benefits.
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