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Which of the following elements of a control system detects a change?
Layoff Cost
The financial impact associated with reducing a company's workforce, including severance pay, unemployment benefits, and potential legal costs.
Hiring And Training Cost
Expenses associated with recruiting new employees and providing them with the necessary training to perform their job.
Labor Hours
The total number of hours worked by employees during a certain period, often used to measure productivity.
Inventory Holding Cost
Inventory holding cost refers to the total expenses associated with storing unsold goods, including warehousing, insurance, depreciation, spoilage, and opportunity costs.
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