There Are Two Basic Types of Non-Value Added Activities

question 94

Multiple Choice

There are two basic types of non-value added activities. They are

• A)activities avoidable in the long run and activities unavoidable in the short run due to current technology or production methods.
• B)activities avoidable in the short run and activities unavoidable in the long run due to current technology or production methods.
• C)activities unavoidable in the short run due to current technology and activities avoidable due to production methods.
• D)activities avoidable in the short run and activities unavoidable in the short run due to current technology or production methods.

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Definitions:

Relative Magnitude

The perceived size or importance of one quantity in comparison to another.

Colored Part

This term is vague but could be referring to the iris, which is the colored part of the eye responsible for controlling the size of the pupil.

Pupil

The black circular opening in the iris of the eye, which regulates the amount of light that enters the eye.

Iris

The colored part of the eye surrounding the pupil, controlling the amount of light that enters the eye by adjusting the size of the pupil.