Examlex
One of the responsibilities of global virtual team leaders includes:
Differential Cost Analysis
The process of comparing the cost differences between two business decisions in order to determine which is more financially viable.
Traceable
Refers to costs or expenses directly associated with a specific department, product, or project, making it easy to assign them accurately.
Activity-based Costing
A costing methodology that assigns overhead and indirect costs to specific products or activities based on their consumption.
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.
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