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Which of the following is the least persuasive documentation in support of an auditor's opinion?
Necessary Cost
Expenses deemed essential for the operation of a business or the production of goods and services, often including materials, labor, and overheads.
Pocket Protectors
Small, flat cases used to hold items like pens in a shirt pocket, preventing ink from staining the fabric.
Competitive Advantage
The unique attributes or capabilities that allow an organization to achieve higher margins or sales compared to its competitors, leading to a dominant position in the market.
Minimally Supervised
Situations or roles where individuals are given the autonomy to perform their duties with little to no ongoing direct oversight.
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