Not All Activities Labelled Non-Value-Added Are Totally Wasteful, nor Can

question 26

True/False

Not all activities labelled non-value-added are totally wasteful, nor can they be totally eliminated.

---

Definitions:

Five-Figure Accuracy

The level of precision in numerical reporting or computation that includes five significant digits.

Four-Figure Accuracy

A term used to describe a level of precision in numerical calculations or measurements that ensures accuracy to the nearest thousand.

Four-Figure Accuracy

A precision level that indicates numerical values are accurate to within plus or minus one out of ten thousand.

Five-Figure Accuracy

Describes numerical values precise to five digits.