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The human resources director is entering employee skills and performance appraisal data into a computer.The data will be used in the strategic planning process to determine training needs.The director is using a _________.
Variable Costs
Expenses that fluctuate directly with changes in production or service levels.
Service Department Costs
Expenses incurred by departments that do not directly produce goods but provide essential support services within a company.
Performance Evaluation
The systematic assessment of an employee's work performance using predetermined criteria to improve and manage performance.
Budgeted Fixed Costs
The projected amount of fixed costs for a certain period, used for planning and budgeting purposes.
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