Match the Description in the Left Column with One of the Two

question 25

Multiple Choice

Match the description in the left column with one of the two programs in the right column. The same letter may be used more than once.
-​Federal-state partnership assistance program

• A)Medicaid
• B)Medicare

---

Definitions:

Batches

Batches refer to groups or sets of goods produced at one time, used in manufacturing to describe the production process or in inventory to describe how products are managed.

Product Margins

The difference between the selling price of a product and its production costs.

Activity Rates

The costs associated with specific activities, used in activity-based costing to allocate expenses to products or services based on the activities required for their production or delivery.

Activity Cost Pools

A grouping of all the costs related to a particular activity used in activity-based costing for more accurate allocation of overhead costs.