River Applied to a Higher Level Security Management Position

question 20

Multiple Choice

River applied to a higher level security management position.He was offered the position with the stipulation that he would pursue his master's degree, which the company would pay for. Since the job requires management of personnel and budgets, the firm would probably like River to earn a degree in:

• A)computer science.
• B)engineering.
• C)business management.
• D)liberal arts.
• E)nursing.

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Definitions:

Reciprocal Method

An approach in cost accounting used to allocate service department costs to production departments, considering the mutual services exchanged between service departments.

Reciprocal Services

Refers to the mutual exchange of services between departments within an organization to support each other's operations.

Direct Method

A costing method that directly allocates service department costs to producing departments without considering services provided between service departments.

Personnel Department

The division of a business that is focused on activities related to employees, including hiring, training, and benefits management.