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Of all third-party interventions,mediation goes the farthest in putting the issues under dispute back in the hands of the disputing parties.
Departmental Net Income
The profit or loss generated by specific departments within a business, calculated after allocating direct and indirect costs.
Responsibility Accounting
An accounting system that collects, summarizes, and reports financial information related to the responsibilities of individual managers or departments.
Maintenance Department
A functional area within an organization responsible for maintaining and repairing the organization's equipment, facilities, and systems to ensure they are safe and efficient.
Operating Departments
Divisions or units within a business that are responsible for carrying out the primary business activities.
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