OD Specialists _____

question 7

Multiple Choice

OD specialists _____.

• A)are members of the organization
• B)come from outside the organization
• C)may be part of the human resource department
• D)are team leaders and managers who apply OD to their work
• E)all of the above

Identify and calculate cost of goods sold (COGS) in manufacturing.

Differentiate between various types of costs (fixed, variable, product, period) and their relevance to accounting and decision making.

Analyze how direct and indirect costs impact product pricing and cost management.

Understand the role of manufacturing overhead in product costs.

---

Definitions:

RRSP

Registered Retirement Savings Plan, a type of Canadian account for holding savings and investment assets, with advantageous tax benefits.

Annuity

A financial product that pays out a fixed stream of payments to an individual, typically used as part of a retirement strategy.

Compounded semi-annually

The process of adding interest to the principal sum of a loan or deposit, or "compounding," twice each year.

Deferral period

The time span during which payments or obligations are postponed or delayed.