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Gordin Kennel uses tenant-days as its measure of activity; an animal housed in the kennel for one day is counted as one tenant-day. During May, the kennel budgeted for 3,000 tenant-days, but its actual level of activity was 3,020 tenant-days. The kennel has provided the following data concerning the formulas used in its budgeting and its actual results for May: Data used in budgeting: Actual results for May:
The facility expenses in the flexible budget for May would be closest to:
Knowledge Management
The process of creating, sharing, using, and managing the knowledge and information of an organization to enhance its effectiveness.
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Platforms and tools that use digital technology to collect, store, manage, and disseminate information, enhancing business operations and decision-making.
Operating Expenses
Expenditures that a business incurs through its normal business operations.
Human Resource Strategy
A plan of action designed to achieve a company's objectives by effectively managing and deploying its human resources.
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