UNIT-LEVEL ACTIVITY Definition

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UNIT-LEVEL ACTIVITY, in Activity Based Costing, is an activity that must be done for each unit of production.

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WIDGET is a device that is very useful for a particular job. Often used within a name of a fictitious company.

BARBELL is a bond management strategy where maturities are clustered at extremes of the yield curve. For example, the price performance of one-year and 30-year bonds, in combination, may exceed that of a l0-year, even though the average maturity of the two strategies may be equal.

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