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Interestingly,most herbivorous animals do not have the ability to digest the cellulose in plants.However,in the absence of this ability,they have evolved a mechanism that allows them to survive despite eating only plant matter,namely
Administrative Expenses
Overheads or general expenses related to running a business that are not directly linked to the production or sale of goods or services.
Manufacturing Costs
Expenses related to the production of goods, including labor, materials, and overhead.
Differential Cost
The difference in total cost between two alternatives, used in decision-making processes.
Period Cost
Expenses that are not directly tied to the production process and are expensed in the period they are incurred.
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