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Support Department Costs
Costs incurred by departments that do not directly produce goods or services but provide support to other departments that do.
Large Support Departments
Essential organizational units that provide services and support to the core functions of a business but do not directly contribute to profit generation.
Overhead Cost Drivers
Factors that significantly influence the incurrence of overhead costs, helping in the allocation of overheads to products or services based on their usage or consumption.
Management Accountant
A finance professional who specializes in internal financial processes, budgeting, and cost analysis to aid managerial decision-making.
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