Cost Planning - Flashcards
1
Q
What are the 4 responsibility centres
A
- Cost centre
- Revenue centre
- Profit centre
- Investment centre
2
Q
What are the 4 branches of strategy
A
- Financial
- Customer
- Learning and growth
- Internal business
3
Q
What are the 3 different types of compensation
A
- Cash compensation
- Stock-based
- Non-cash benefits
4
Q
What is cash compensation
A
Any compensation that is monetary such as salary or bonuses
5
Q
What is stock-based compensation
A
Stock options or restricted stock compensation plans
6
Q
What is non-cash benefits + perks
A
Club membership, company cars, etc.
