It Is Often Difficult to Get Complete Management Buy-In to a Disaster

question 6

Short Answer

It is often difficult to get complete management buy-in to a disaster recovery plan because the ______________________ associated with the cost of developing the plan and securing the necessary resources is rarely realized.

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Definitions:

Direct Labor

The wages paid to workers directly involved in the production of goods or services.

Overhead

The ongoing operational costs not directly attributable to the creation of a product or service.

General Journal

A comprehensive journal used in bookkeeping to record all types of accounting transactions before their transfer to specific accounts in the ledger.

Predetermined Rate

A rate established before the start of a period for the purpose of applying overhead costs to products or services, based on estimated costs.