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Motivation is an external force on the person that causes him or her to engage in specific behaviours.
Constant Gross Margin Method
A pricing strategy where the gross margin percentage is kept constant despite variations in product costs.
Joint Cost Allocation
The process of assigning the cost of a production process that yields multiple products proportionally to those products.
Activity-Based Costing
A costing method that identifies activities in an organization and assigns the cost of each activity to all products and services according to the actual consumption.
Volume-Based Costing
A costing methodology that assigns costs based primarily on the volume of goods or services produced, such as in traditional absorption costing systems.
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