Engineered Costs ________

question 159

Multiple Choice

Engineered costs ________.

• A) possess a high level of uncertainty but are significant costs when they are incurred
• B) are non repetitive but are physically observable
• C) are from physically observable activities and have a repetitive relationship with output
• D) are embedded in the manufacturing process but have no measurable cause-and-effect relationship between output and resources used

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Definitions:

Cost Per Hire

The total expenses incurred by an organization to fill a job vacancy, divided by the number of hires, including advertising, recruiting, and administrative costs.

Direct Costs

Costs directly associated with the manufacture of particular products or services, including labor and raw materials.

Apportioned Costs

Expenses that are divided and allocated among different departments, projects, or processes within an organization based on agreed-upon criteria.

Human Resource Plans

Strategic documents outlining how an organization intends to manage its workforce to meet its business goals, including staffing, development, and compensation strategies.