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In Order to Reward Talented Technical People Who Do Not

question 20

Multiple Choice

In order to reward talented technical people who do not want to move into management, many companies have established_____.


Definitions:

Process Costing

A method of costing used mainly in manufacturing where costs are assigned to batches of products rather than individual items.

Job Cost Sheets

Records that detail the materials, labor, and overhead costs associated with a specific job.

Unit Cost Trends

The pattern or movement in the cost to produce one unit of a product over a specific period.

Continuous Improvement

An ongoing effort to enhance products, services, or processes by making small, incremental improvements over time.

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