Costs That Are Common to Many Different Activities Within an Organization

question 29

Multiple Choice

Costs that are common to many different activities within an organization are known as ____ costs.

• A)product- or process-level
• B)organizational-level
• C)batch-level
• D)unit-level

---

Definitions:

Multifactor Productivity

A measurement of economic performance that compares the amount of goods and services produced to the inputs used to produce them, including labor, materials, and capital.

Quality Complaints

Feedback from customers or users highlighting defects or issues with a product's quality.

Productivity

The measure of the efficiency of a person, machine, factory, system, etc., in converting inputs into useful outputs.

Labour Hour

A measure of the amount of work performed by a worker in one hour.