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

Question

Quizplus · Accepted Answer

Value-added costs are the costs necessary to perform value-added activities with perfect efficiency, meaning that these costs directly contribute to the production of goods or services and are necessary for the business to function. The other choices refer to different aspects of activity-based costing and analysis, such as analyzing the inputs and outputs of specific activities (A, D, E, F) or measuring the speed at which activities are performed (C).

Match Each Item with the Correct Statement Below