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Which of the following began with the handling of payroll, personnel administration, and later added the functions of recruiting and employee relations?
Variable Expenses
Costs that change in proportion to the level of business activity or production volume.
Fixed Expenses
Costs that do not fluctuate with changes in production level or sales volume, remaining constant over a period.
Target Profit
The desired financial gain a company aims to achieve within a specific period through its operations and sales.
Fixed Expense
Charges that stay unchanged with shifts in the amount of products made or the number of sales.
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