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Due to the fact that both liabilities and expenses can hinder a company from reaching its projected profit-related goals. What types of liabilities and expenses

Due to the fact that both liabilities and expenses can hinder a company from reaching its projected profit-related goals. What types of liabilities and expenses do you feel are necessities versus some that you see as "extras", and how can you see the potential for businesses to abuse their liabilities and expense lines? Please provide references to explain and support your response.

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