Match Each Item with the Correct Statement Below

question 7

Multiple Choice

Match each item with the correct statement below.
-Costs necessary to perform value-added activities with perfect efficiency.

• A)activity analysis
• B)value-added costs
• C)velocity
• D)activity inputs
• E)activity output measure
• F)activity output

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Definitions:

Investment Opportunity

A potential situation where an individual or organization can invest capital with the expectation of achieving a return.

Profit Center

A business unit or division that is responsible for generating its own revenue and profit, with its financial performance being tracked separately.

Investment Center

A segment or area of a business responsible for its own revenue, expenses, and assets, and its performance is measured by its return on investment.

Fixed Expenses

These are costs that do not change with the level of production or sales, such as rent, salaries, and insurance.