Match each item with the correct statement below.
-Activities that are performed each time a unit is produced.
A)activity drivers
B)activity-based costing system
C)consumption ratio
D)unit-level activities
E)activity attributes
F)resource drivers

Question

Quizplus · Accepted Answer

Unit-level activities are those activities that are performed each time a unit is produced.

Answer: A 
 Activity drivers are the factors that drive the occurrence and cost of an activity.

Answer: C 
 Consumption ratio is the ratio of the quantity of a particular resource consumed by an activity to one unit of output.

Answer: B 
 An activity-based costing system is a costing system that traces the indirect costs of resources to activities and then assigns those costs to products or services based on the products' or services' use of those activities.

Answer: E 
 Activity attributes are the specific characteristics of an activity that define how it is performed.

Answer: F 
 Resource drivers are activities that consume resources, such as equipment time or employee time, that are necessary to perform an activity.

Match Each Item with the Correct Statement Below