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(Appendix 11A) Which of the following variances is generally the least significant from the standpoint of cost control?
Payroll
The process by which employers pay an employee for the work they have completed.
Employees' Needs
Refers to the various requirements, desires, or things that employees consider important or necessary in their work environment, including fair compensation, job security, and professional growth opportunities.
Initial Activities
The preliminary actions or efforts undertaken at the start of a project, program, or process.
Personnel Department
An organizational unit tasked with managing employee-related functions, such as hiring, training, and benefits administration; often called Human Resources.
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