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The sensitive period is most closely associated with
Adjusting Entries
Journal entries made in an accounting period to allocate income and expenditure to the correct periods.
Profit Margin
A financial metric depicting the percentage of revenue that exceeds the costs of goods sold, showing the profitability of a business.
Net Sales
Company sales revenue post deduction of returns, allowances for imperfections or absences, and discounts.
Depreciation
An accounting method of allocating the cost of a tangible asset over its useful life to account for declines in value over time.
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