Which of the Following Is an Example of an Activity

question 17

Multiple Choice

Which of the following is an example of an activity that is "necessary but not value-adding"?

• A)Scheduling
• B)Processing
• C)Inspections
• D)Setups

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Definitions:

Accounts Receivable

Money owed by customers to a company for products or services that have been delivered or used but not yet paid for.

Common Stock

Equity ownership in a corporation, with rights to vote on corporate matters and receive dividends.

Accounts Payable

Obligations or amounts owed by a business to suppliers or vendors for goods and services received.

Inventory

The goods and materials a business holds for the ultimate goal of resale or production.