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What effect does an excessive emphasis on nationally normed achievement tests for selection and evaluation appear to promote?
Selling Price
Selling price is the amount of money a buyer pays to purchase a product or service from a seller.
Manufacturing Costs
The total expense involved in the creation of a product, including raw materials, labor, and overhead costs.
Departments
Divisions within an organization, each responsible for specific functions or tasks.
Departmental Predetermined Overhead Rates
Rates calculated in advance for each department, used to assign overhead costs based on estimated activity levels.
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