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The main charge given to the ILO was to enact international conventions and to make recommendations regarding labor. Which of the following areas of labor were not covered?
Operating Expenses
Costs associated with the day-to-day operations of a business, such as rent, utilities, and salaries, excluding direct production costs.
Revenues
The sum of revenue obtained through the sales of products or services that are central to a company's main activities.
Multiple-Step
An income statement format that separates operating revenues and expenses from nonoperating revenues, expenses, and gains and losses.
Single-Step
An income statement format that consolidates all revenues and gains together and all expenses and losses together, resulting in a single step to determine net income.
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