Which of the Following Symbols Depicts an Activity

question 13

Multiple Choice

Which of the following symbols depicts an activity?

• A)An arrow.
• B)A circle with a double line perimeter.
• C)A rectangle.
• D)A circle with a wide single line perimeter.

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Definitions:

Spot Markets

Markets where financial instruments or commodities are bought and sold for immediate delivery, contrasting with futures markets where delivery is set for a future date.

Competitive Bidding

A procurement process where multiple providers submit bids for a contract, offering their best prices or proposals, with the aim of securing business by outcompeting others.

Fair Price

A price considered reasonable or justifiable for a product or service, often based on factors like cost, market demand, and ethical considerations.

Efficient Means

Methods or processes that maximize productivity and minimize waste, costs, or effort, leading to optimal performance or output.