Examlex
Many organisational design concepts are not applicable to 21st century companies.
Business Unit Reporting
The process of preparing and presenting financial and operational reports specific to distinct divisions or segments of a company.
Absorption-Costing Format
An accounting method that includes all manufacturing costs (direct materials, direct labor, and both variable and fixed overhead) in the cost of a product.
Controllable Costs
Expenses that can be directly controlled or influenced by a manager or decision-maker within a short term.
Cost Centre
A division or department within an organization that does not directly generate revenue but incurs costs, used to monitor and control expenses.
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