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Why is it important to have an accurate and reliable product costing system?
Sensory Storage
The initial process of storing information, taken in through the senses, for a very brief period.
Memory Capacity
The amount of information that can be held in the memory system at one time, varying across short-term and long-term memory stores.
Age
The length of time that a person or object has existed, typically measured in years from the date of birth or creation.
Encoding
The process by which information is transformed into formats that can be stored in memory.
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