Examlex
Alfred Binet's test was revised for use in North America and renamed the Stanford-Binet test in 1916 by
Activity Cost Pools
A grouping of all costs related to a particular activity, used in activity-based costing to allocate costs more accurately.
Activity Rate
A rate used to allocate costs to cost objects based on the activities that drive costs, often used in activity-based costing.
Batch Setup
Batch setup involves the processes and activities necessary to prepare equipment and facilities for the production of a batch of goods.
Human Resource Management
The strategic approach to the effective management of people in an organization to help the business gain a competitive advantage.
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