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(also called book year, financial year or financial period) specific period used for calculating profit (usually 12 months).
(also called labour expense) all factory wages that are directly linked to the finished product...
final account used to find the gross profit or loss the business has made from trading.
product used in the home such as stoves and fridges.
loss of value of tangible assets, such as vehicles and equipment due to usage in the business;...