Unit-level Activity
Unit-level activity refers to actions performed each time a single unit of product is produced. Examples include direct labour hours, machine operations, or material consumption. Tracking these activities helps determine variable costs and refine product pricing under activity-based costing.
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Utilization Rate
Utilization rate measures how effectively a company uses its available resources, such as labour hours or machinery capacity. It is…
Usury
Usury refers to the practice of charging excessively high interest rates on loans beyond legally permitted limits. While primarily a…
Upstream Transaction
An upstream transaction occurs when a subsidiary sells goods or services to its parent company. In consolidated financial statements, unrealised…
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