The number of the same or similar units that could have been produced given the amount of work actually performed on both complete and partially complete units is referred to as:
A)Physical units.
B)Completed units.
C)Equivalent units.
D)Produced units.
E)Units to account for.

Question

Quizplus · Accepted Answer

The number of equivalent units takes into account the percentage of completion for partially complete units, allowing for a more accurate reflection of the amount of work performed. Physical units are simply the actual number of units produced, while completed units refer only to those that have been fully finished. Produced units and units to account for are not relevant to this concept.

The Number of the Same or Similar Units That Could