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Cost Drivers
Factors that cause the cost of an activity or product to increase or decrease, influencing overall expenses.
Multiple-Departmental Overhead Rates
A cost accounting approach that assigns overhead costs to products or services based on the specific departmental resources they consume.
Building Depreciation
The systematic allocation of the cost of a building over its useful life, reflecting its consumption, wear and tear, or obsolescence.
Responsibility Centres
Parts of an organization tasked with specific duties and responsibilities, wherein performance is measured based on predetermined objectives.
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