Administrative Salaries Are an Example of an Organisation-Sustaining Cost in an ABC

question 64

True/False

Administrative salaries are an example of an organisation-sustaining cost in an ABC system.

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Definitions:

Direct Attention

The process of focusing mental resources on specific information or activities.

Management by Objectives

A method of performance management in which managers collaborate with their employees to establish, track, and accomplish distinct goals.

Business Operations

The day-to-day activities involved in running a business, including production, sales, and administration.

Business Opportunities

Potential economic activities or ventures that can lead to profitability and growth.