The Difference Between the Value That an Activity Generates and the Cost

question 91

Multiple Choice

The difference between the value that an activity generates and the cost of the activity is called the ________.

• A) equity
• B) liability
• C) overhead
• D) margin

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Definitions:

Operational Proficiencies

The ability of an organization to carry out core business processes efficiently and effectively.

Enabling

The act of providing the means or opportunity for someone to achieve something or the act of making a device, system, or feature operational.

Appropriate Attention

The act of directing focus or care towards something or someone in a manner deemed suitable for the situation or context.

Work Ethic

A set of values based on the principles of diligence and hard work.