The Value Stream

question 110

Multiple Choice

The value stream

• A)is made up of all activities, both value-added and non-value-added, required to bring a product group or service from its starting point to a finished product in the hands of the customer.
• B)is made up value-added activities required to bring a product group or service from its starting point to a finished product in the hands of the customer.
• C)is where the production stream is triggered by forecast.
• D)is a series of steps designed to set target costs.

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Definitions:

Common Stock

Equity ownership in a corporation, with voting rights and potential dividends.

Initial Value Method

An accounting method for investments where the investment is recorded and maintained at its original cost without adjustment for changes in market value.

Common Stock

Equity ownership in a corporation, giving holders voting rights and a share in the company's profits via dividends.

Equity Method

An accounting technique used to assess the profits earned by investments in other companies, where the investment income is proportional to the ownership stake.