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Julie works for Knowledge Works, a company that calls individuals in the United States and asks them closed-ended questions about their knowledge of different social policies. What kind of research is she conducting?
Revenues
Revenue that comes from regular business activities, factoring in discounts and allowances for products that are returned.
Expenses
The outflows or using up of assets or incurring of liabilities during a period from delivering goods, rendering services, or carrying out other activities that constitute the entity’s ongoing major operations.
FOB Shipper's Dock
A shipping term indicating that the buyer assumes responsibility for the goods once they are shipped, and the goods are considered delivered at the shipper's dock.
Raw Materials
Basic materials that are used in the production process to create goods and products.
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