Examlex
Match the following terms with the proper description.
Activity Cost
The cost associated with a specific activity or process in the production or delivery of goods and services.
Activity Driver
An activity driver is a factor in activity-based costing that influences the costs of an activity, helping allocate costs more accurately to products or services.
Activity-based Costing
An accounting method that assigns costs to products or services based on the activities they require, promoting more accurate cost management.
Non-volume Driven
Pertains to costs that do not change with the level of production or service volume.
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