Whether a Cost Is Controllable or Not Controllable by an Employee

question 158

True/False

Whether a cost is controllable or not controllable by an employee depends on the employee's level of responsibility.

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Definitions:

Small Business Management

The ongoing process of owning and operating an established business.

Triggering Event

A specific occurrence that causes a process to start, or significantly impacts the course of an ongoing situation.

Product Opportunities

Potential areas or ideas within a market where a new product could be developed to meet a consumer need or demand.

Entrepreneur

An individual who initiates, organizes, and operates a business venture, assuming most of the risks and enjoying most of the rewards.