Examlex
Research that involves trying to determine the extent to which the change in one factor changes another one is referred to as
Transfer Price
The price at which goods and services are sold between divisions within the same company or between a company and its subsidiary.
Variable Cost
Costs that fluctuate directly with changes in production or sales volume.
Cost Driver
Any activity or factor that can cause a change in the cost of a product or service, used in activity-based costing to allocate costs accurately.
Support Department
Departments that do not directly participate in the primary activities of a business but provide essential services or support to those that do.
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