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Blocking tends to occur more frequently as people age.
Direct Costs
Expenses that can be directly attributed to the production of specific goods or services.
Indirect Costs
Overhead or administrative expenses that are not directly attributable to a specific product or service, but are necessary for the business operations.
Initial Direct Costs
Costs that are directly associated with securing a financing agreement or leasing an asset, excluding general overhead.
Revenue Recognition
An accounting principle that determines the specific conditions under which income becomes realized as revenue.
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