Examlex
The aging of the population,changes in ethnic composition,and effects of the baby boom are ____.
Labour Intensive
A process or industry that requires a large amount of manual labor relative to capital or machine usage.
Cost Driver
A factor that causes a change in the cost of an activity, directly affecting the cost of production or operations.
Cost Pool
A grouping of individual costs typically by department or service, from which cost allocations are made to products or services.
Cost Allocation
The process of assigning indirect costs to different departments, projects, or production processes within a company to ensure accurate product costing or project budgeting.
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