Examlex
At a television station, camera operators learned how to become reporters, while reporters learned to operate cameras. These jobs were then merged into the job of video journalist, which involved operating a camera and reporting the news. This change is an example of:
Personnel Expenses
Costs associated with the compensation and benefits of a company's employees, including wages, salaries, bonuses, and benefits.
Planning Budget
A budget created for a specific level of activity that is used for planning and coordinating operations.
Budgeting
The process of creating a plan to spend your money, outlining anticipated income and expenses over a certain period.
Activity Variance
The difference between predicted and actual costs of business activities, used to assess performance and control costs.
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