The Cost of the Business Process Is the Sum of the Cost

question 84

Multiple Choice

The cost of the business process is the sum of the cost of the inputs and the ________.

• A)cost of the activities
• B)cost of the outputs
• C)value of the outputs
• D)value of the products

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Definitions:

Watered Stock

Shares of a company that are issued at a value much greater than the assets of the company, leading to an inflation of the company's value on paper.

Fair Market Value

The price at which property would sell for on the open market between a willing buyer and a willing seller, both having reasonable knowledge of all relevant facts.

Corporate Opportunity

A business opportunity that a company must offer to its shareholders or members before taking it for personal gain.

Duty of Disclosure

The legal obligation to reveal all material facts or information relevant to a transaction or decision-making process.