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Which of the following is NOT cited in the book as one of the three reasons differences in perception occur?
Expenses
Outflows or using up of assets as part of operations of a business to generate revenue.
Contribution Margin
The difference between sales revenue and variable costs of a product or service, indicating how much revenue contributes toward covering fixed costs and generating profit.
Sales
The total revenue generated from selling goods or services over a specific period of time.
Products
Items or goods that have been produced for sale or consumer use.
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