​Match Each Term with the Appropriate Definition

question 26

Multiple Choice

​Match each term with the appropriate definition.
-​a plan that coordinates a limited set of activities around a single program or intervention

• A)​affirmative action
• B)​balance sheet
• C)budgeting
• D)controlling
• E)critical path
• F)data
• G)delegation
• H)income statement
• I)information
• J)job analysis
• K)job design
• L)​leading
• M)​line position
• N)​management
• O)​nutrition informatics
• P)​operating budget
• Q)​operational planning
• R)​organization charts
• S)​organizing
• T)​performance appraisal
• U)​planning
• V)​project management
• W)​span of control
• X)​staff position
• Y)​strategic planning

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Definitions:

Variable Costs

Expenses that change in proportion to the activity or volume of production or sales, such as raw materials and direct labor.

Break-even Point

The point at which total revenues equal total expenses, indicating that a business is neither making a profit nor incurring a loss.

Variable Costs

Expenses that change in proportion to the activity of a business, such as material or labor costs related to production levels.

Budgeted Salary

A predetermined amount of money allocated for salaries over a specific period, used for planning and controlling payroll expenses.