Examlex
Why do some employers forbid employees to use instant messaging (IM) and texting?
Actual Direct Labor Hours
The actual amount of labor time spent on producing goods, tracked to assess efficiency and productivity.
Management By Exception
A management strategy where managers intervene only when performance deviates significantly from standards, allowing them to focus on significant issues.
Variances Reports
Financial reports that compare actual financial results to the budgeted or standard costs, highlighting deviations.
Promptness
The quality of acting quickly or within an expected timeframe.
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