________ Planning Focuses on How the Company Can Restore Business

question 166

Multiple Choice

________ planning focuses on how the company can restore business operations after a disaster strikes.

• A)Disaster recovery
• B)Business continuity
• C)Disaster continuity
• D)Business recovery

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Definitions:

Plantwide Factory Overhead Rate

A single overhead absorption rate used throughout a factory to allocate indirect costs to products based on a common base, such as labor hours or machine hours.

Overhead Costs

General business expenses not directly attributable to creating products or services.

Departments

Distinct areas within an organization, each focusing on a specific aspect of the business operation, such as finance, marketing, or human resources.

Products

Goods or services offered by a business to the market.