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Samantha has been working as a business analyst in a start-up for a year. Now, she wants to take a sabbatical to study abroad and gain exposure to foreign cultures. She feels that by doing so, she will be able to contribute in a better way toward company goals and values. It can be said that Samantha is _____.
Traceable
Costs or items that can be directly linked or attributed to a specific product, job, or department, facilitating accurate costing and financial analysis.
Avoidable Cost
A cost that can be eliminated by choosing one alternative over another in a decision. This term is synonymous with differential cost and relevant cost.
Activity-Based Costing
An accounting method that assigns costs to products based on the activities involved in producing those products.
Decision
The process of making choices among alternative courses of action.
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