Match each item with the correct statement below.A process that answers the question "How many people perform the activities?"Drag answer hereCosts necessary to perform value-added activities with perfect efficiencyDrag answer hereResources consumed by the activity in producing its outputDrag answer hereThe number of times an activity is performedDrag answer hereResult or product of an activityDrag answer herepick:Activity output measureActivity inputsActivity outputActivity analysisValue-added costs

The question is based on the concept of Cost Accounting

Answered: atch each item with the correct…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Match each item with the correct statement below.

A process that answers the question "How many people perform the activities?"	Drag answer here
Costs necessary to perform value-added activities with perfect efficiency	Drag answer here
Resources consumed by the activity in producing its output	Drag answer here
The number of times an activity is performed	Drag answer here
Result or product of an activity	Drag answer here

pick:
Activity output measure
Activity inputs
Activity output
Activity analysis
Value-added costs

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