East Caroliail Colleg e of Allied Health Sciences Department of Health Services and Information M 6310 Health Care Accounting and Financial Administra Week 7 Assignment Matching 1. Select the best match of definition and term. (5 points each, total of 30 Costs associated with revenue-producing activities a. Fixed costs Variable costs Represent new costs occurring as the result of a decision c. Semifixed costs d. Semivariable costs e. Direct costs P. 33 f. Indirect costs P. S g. Avoidable costs 3 h. Sunk costs iIncremental costs j. Opportunity costs P k. Standard costs 1. Controllable costs p Represent costs that have already been incurred _ Can be modeled by a step function _ Are used to establish profiles for departments and activity centers Vary proportionately with changes in output or volume of services