Non-Value-Chain Activities Typically Have Costs but No Effect on the Customer

question 49

True/False

Non-value-chain activities typically have costs but no effect on the customer.

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Definitions:

Check

A written order directing the bank to pay a certain sum to a designated party.

Check Register

A record book or digital log used to track checks written, deposits made, and current account balances.

Deposit

A sum of money placed into an account or given as a part payment towards a purchase, often to secure it or show commitment.

Check Register

A record of financial transactions, especially checks written and deposits made, in a checking account.