A ________ Cost Does Not Change in Total in Proportion

question 137

Short Answer

A ________ cost does not change in total in proportion to changes in the volume of activity within the relevant range.

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Definitions:

Learning And Development Activities

Educational or training initiatives aimed at enhancing the knowledge, skills, and competencies of employees for career advancement.

Costs

Expenses related to attracting recruits.

Human Resource Planning

A process used to determine future human resource requirements and the business processes that will be needed to support and enable those resources by anticipating future business demands, analyzing the impacts of these demands on the organization, determining the current availability of human resources and the applicable business processes, and making decisions on how to effectively adapt and utilize firms’ human resources.

Succession Planning

The process of identifying and preparing suitable employees through development and training to replace key players within an organization as they vacate their positions.