In corporate costs, the costs incur for employee recruitment, development and training are classified as __________?
Correct answer: C. human resource management costs
- A. discretionary costs
- B. corporate administration costs
- C. human resource management costs
- D. treasury costs
Explanation
Recruitment, employee development, and training are functions of human resource management. They are therefore classified as human resource management costs rather than treasury or general administration costs.
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About Cost Accounting
Cost accounting measures and analyses the cost of producing goods or providing services for planning, control and pricing decisions. It covers direct and indirect costs, fixed and variable costs, job and process costing, break-even analysis, marginal costing, overhead allocation, and the difference between product cost and period cost.
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