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Which of the following describes the classification and normal balance of the fees earned account?
Profit
The financial gain, typically the difference between the amount earned from selling goods or services and the costs of producing them.
Average Flow Time
The average time that it takes for a task, workpiece, or process to be completed in a system.
Cycle Inventory
The portion of inventory available to meet normal demand during an ordering cycle.
Demand
The quantity of a good or service that consumers are willing and able to purchase at a given price.
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