Service Departments,such as Accounting,finance,general Administration,legal,and Personnel,are Usually Considered to Be

question 138

True/False

Service departments,such as accounting,finance,general administration,legal,and personnel,are usually considered to be cost centres.In addition,manufacturing facilities are often considered to be cost centres.

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Definitions:

Financial Resources

Funds that are available to a business or individual for spending, investing, or other purposes.

Multilateral Aid

Financial assistance provided by multiple countries or international organizations to support development projects in developing countries.

Government Aid

Financial assistance or resources provided by the government to support individuals, organizations, or countries in need.

Local Knowledge

The understanding and insights accumulated by people living in a particular area, reflecting their experiences, history, and culture, which can be critical for effective decision-making and development efforts.