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Chloe Anyan works in the human resources department of a company that manufactures packaging machines. She handles payroll and insurance. Anyan is in which of the following positions?
Variable Expenses
Costs that vary directly with the level of production or business activity, such as raw materials and direct labor.
Fixed Expenses
Costs that do not change with the level of output or sales, such as rent, salaries, and insurance premiums.
Financial Advantage
A benefit in financial terms, often seen as an edge or superiority in financial health, resources, or opportunities.
Component
A part or element that combines with others to form a whole system or product.
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