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Hunting and gathering societies have elected leaders.
Direct Cost
A cost that can be directly traced to the production of specific goods or services, such as raw materials and labor.
Cost Object
Any item for which a separate measurement of costs is desired, such as products, services, projects, customers, or activities.
Motor Vehicles
Wheeled transportation vehicles powered by an internal combustion engine or electric motors, used for the conveyance of people or goods.
Finished Goods Inventory
The stock of completed products that are ready to be sold but have not yet been purchased by consumers or clients.
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