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Which of the following lists the three types of firms in the United States from smallest to largest in terms of volume of sales?
Administrative Expense
Costs related to the general administration of a business, such as salaries of executive officers and costs of general services.
Estimated
An approximate calculation or judgment of a value, number, or quantity, based on limited information.
Selling and Administrative Expense
Overheads related to the selling of products and the management of an organization.
Variable
An element, feature, or factor that is liable to vary or change.
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