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Which of the Following Contribute to a Decision-Making Style

question 19

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Which of the following contribute to a decision-making style?


Definitions:

Time And Material Pricing

A pricing method where the customer is charged based on the time spent on a service and the cost of materials used.

Labour

The measure of human work or effort used in the production of goods and services.

Materials

Refers to the tangible components used in the production of goods and services, often categorized as direct or indirect materials depending on their direct allocation to a cost object.

Mark-Up Percentage

An added percentage to the buying price of products intended to cover both operational costs and earnings.

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