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Departmentalization Is the Dividing of Organizational Functions into Separate Units

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Departmentalization is the dividing of organizational functions into separate units.


Definitions:

Cost Behavior

The study of how the costs of a business change in relation to changes in its activity levels or volume.

Cost Behavior Analysis

The study of how costs change in relation to changes in a firm’s level of activity.

Mixed Cost

An expense that contains both variable and fixed cost components.

Car Rental

The process of temporarily using a vehicle for a period, typically ranging from a few hours to weeks, against a fee.

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