Examlex
Match the term with the definition.
-Proposed in the Fourteen Points,this international organization was designed to secure political independence and territorial integrity for all states and thus ensure enduring peace.The U.S.Senate refused to ratify the Treaty of Versailles,and the United States never became a member.
Activity-based Costing
An approach to assigning an organization's overhead costs to specific products or services based on the activities undertaken to produce those products or services.
Direct Labour-hours
Direct labor-hours are the total hours spent by workers who directly contribute to the manufacture of a product, a direct measure of labor input.
Activity Cost Pools
Aggregations of all the costs associated with specific activities, used in activity-based costing to allocate costs more accurately.
Activity-based Costing
A costing method that assigns costs to products or services based on the activities they require, aiming to provide more accurate cost information.
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