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Unproductive
Refers to a state or condition where output or efficiency is below the expected or required level.
Activity-based Costing
A pricing strategy that allocates expenses to goods or services according to the tasks they necessitate, striving for a more accurate distribution of costs.
Relevant Cost
A cost that should be considered when making decisions.
Avoidable Costs
Costs that can be eliminated if a particular decision is made, such as discontinuing a product line.
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