Examlex
Neutral transfer of training is a term used in the textbook to describe situations whereby what was learned in training is transferred to the job site with slight modification or adapted to new situations.
Overhead Cost
The ongoing expenses of operating a business that are not directly attributed to producing goods or services, such as rent, utilities, and administration expenses.
Overhead
Refers to ongoing business expenses not directly attributed to creating a product or service, such as rent, utilities, and administrative costs.
Production Process
The sequence of operations or stages involved in the manufacturing or creation of a product.
Job-order Costing
A cost accounting system that assigns manufacturing costs to an individual product or batch of products, useful for customized orders.
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