Those Activities That Consume Resources but Do Not Contribute to the Value

question 118

Multiple Choice

Those activities that consume resources but do not contribute to the value of the product are referred as

• A)contribution activities.
• B)non-value-added activities.
• C)negative activities.
• D)period costs.

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Definitions:

Negative Correlation

A linkage between two variables that demonstrates an inverse relationship: one rises as the other falls.

Correlational Research

A research method that examines the relationship between two or more variables to determine if they are associated.

Prediction

The act of making statements or claims about events that will happen in the future based on past and present information or data.

Normal Curve

A symmetrical, bell-shaped curve that describes the distribution of many types of data where most of the observations cluster around the mean.