Use LEFT and RIGHT arrow keys to navigate between flashcards;
Use UP and DOWN arrow keys to flip the card;
H to show hint;
A reads text to speech;
3 Cards in this Set
- Front
- Back
|
Decentralisation |
The delegation of decision-making authority throughout an organization by providing managers at various operating levels with the authority to make decisions relating to their area of responsibility. |
|
|
Manufacturing costs(Product costs/Inventoriable cost) |
All the costs included in manufacturing including direct materials, direct labour, and manufacturing overheads. |
|
|
Direct labour (Touch labour) |
Labour costs that can be physically and conveniently traced to an individual unit of product. e.g. Cost of carpenters, bricklayers and machine operators. |
