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Assume You Are a Supervisor and You Strongly Endorse Keeping

question 59

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Assume you are a supervisor and you strongly endorse keeping an open line of communication with your employees, you always keep your office door open and you instruct your secretary to not screen phone calls from employees.These conditions include:


Definitions:

Noncontrollable Costs

Costs incurred indirectly and allocated to a responsibility center that are not controllable at that level.

ROI

Return on Investment; a performance measure used to evaluate the efficiency or profitability of an investment relative to its cost.

Operating Assets

Assets that are used for the day-to-day functioning of a business and can include cash, inventory, and buildings.

Direct Fixed Costs

Costs that are constant for a certain level of production or period but are directly tied to the production process.

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