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Why Is Calculating the Cost of Services Provided to Customers

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Why is calculating the cost of services provided to customers important for a service business?


Definitions:

Long-Term Retention

The process or ability to maintain and store information or material over extended periods.

Thought

The process of considering, reasoning, or reflecting, often leading to a form of mental judgement or idea.

Procedural Memory

A type of implicit memory that involves the gradual acquisition of skills as a result of practice, or "knowing how" to do things.

Premotor Area

Part of the frontal lobe involved in planning and selecting motor movements before they are initiated.

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