Which of the Following Is NOT a Necessary Condition for Classification

question 40

Multiple Choice

Which of the following is NOT a necessary condition for classification as a value-added activity?

• A)the activity produces no change of state
• B)the change of state was not achievable by preceding activities
• C)activity enables other activities to be performed
• D)All of the above are necessary conditions.

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Definitions:

Financial Institutions

Organizations that provide financial services, such as banks, insurance companies, pension funds, and investment firms.

Financialization

The increasing dominance of financial markets, financial motives, financial institutions, and elites in the economy, influencing social and economic policies.

Governmental Sovereignty

The supreme power or authority that a government holds over its territory and population without interference from outside sources.

Corporate Code

A set of principles or ethics that guide the behavior and decisions of a company.