Question

Match each definition with its related term by selecting the appropriate term in the dropdown provided. (Select "None of these are correct if there is no term for the "Definition".) Activity-Based Costing Appraisal or Inspection Costs Batch-Level Activities External Failure Costs Definition A. Activities that are performed to benefit the organization as a whole. B. Activities that are independent of the of the number of units, but are performed for a group all at once. c. Activities that vary in direct proportion to the number of units produced or customers served. D. An activity, which if eliminated, would not change the perceived worth of the product or service. E. An activity, which if eliminated, would change the perceived worth of the product or service F A demand-pull system. G. A demand-push system. H. A report that provides details about internal failure costs. 1. Costs incurred to keep quality problerhs from happening J. Costs incurred to identify defective products before they get to customers. K. Costs that result from the defects caught during the inspection process. L. Warranty costs, recalls, and product replacement costs. A linked set of activities required to design, develop produce, market, deliver the product to customers, and aftermarket service. N. A process that involves analyzing the feasibility of a product to meet a projected life cycle cost. A method that identifies the major activities that place demands on a company's resources and then assigns indirect costs to the products services that create those demands. Facility-Level Activities

Answer 1

S. No.	Definition	Term
A	Activities performed to benefit organization as a whole.	Facility-Level Activities
B	Activities independent of no. of units but performed for group all at once	Batch-Level activities
C	Activities which vary in direct propertion to the no. of units produced	Unit-Level Activities
D	An activity, which if eliminated, would not change the perceived value of the product	None of these are correct
E	An activity, which if eliminated, would change the perceived value of the product	Value-Added Activity
F	A demand-pull system	Just-In-Time System
G	A demand-push system	None of these are correct
H	A report that provides details about internal failure costs	None of these are correct
I	Costs incurred to keep quality problems from happening	Prevention Costs
J	Costs incurred to identify defective products before they get to customer	Appraisal or Inspection costs
K	Costs that results from the defects caught during the inspection process	None of these are correct
L	Warranty costs, recalls and product replacement costs	External Failure Costs
M	A linked set of activities required to design, develop, produce, market, deliver the product to customers	Value Chain
N	A process that involves analyzing the feasibility of a product to meet a projected life cycle cost	None of these are correct
O	A method that identifies the major activities that place demand on a company's resources and then assigns indirect costs to the products/services that creates those demands	Activity-Based Costing