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Why did CanCredit consider soliciting a new outsourcing vendor?
Sales Expenses
Costs incurred directly from the selling of goods or services, including things like commissions, advertising, and promotional materials.
Balanced Funds
Mutual funds that invest in a mix of asset classes, typically stocks and bonds, aiming for a balance between risk and return.
Equities
Shares of stock representing ownership interests in companies, offering potential for capital gains and dividends.
Fixed-income Securities
Financial instruments that pay a fixed amount of income, usually in the form of interest or dividends, like bonds or preferred stocks.
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