Examlex
Match each description with the item below.
-William H. Taft
Performance Evaluation
The process of assessing an employee's job performance, often to inform decisions regarding promotions, pay adjustments, and development needs.
Departmental Contribution
The amount of profit or revenue generated by a specific department, minus the direct expenses associated with that department.
Overhead
Represents the indirect costs associated with production, such as utilities, rent, and administrative expenses that cannot be directly traced to a specific product.
Direct Expenses
Expenses that can be directly traced to producing specific goods, services, or units of production without any allocation.
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