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Different organizations tend to use only one type of reward system, rather than a diverse number of methods to reward employees.
Variable Costs
Expenses that change in proportion to the level of activity or production volume.
Static Budget
A budget that does not change or adapt over time, based on the assumption of a fixed level of activity.
Activity Index
The activity that causes changes in the behavior of costs.
Variable Costs
Costs that vary directly with the level of production or service output, such as materials and labor.
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