Which of the Following Is False Regarding the Various Aspects

question 8

Multiple Choice

Which of the following is false regarding the various aspects of business processes in an organization?

• A)Activities are tasks to be performed.
• B)Facilities are collections of resources.
• C)Processes are the flow of authority in a functional area.
• D)Resources are people or equipment that can be assigned to activities.

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Definitions:

Book Value

The net value of a company's assets minus its liabilities, as recorded on the balance sheet, often compared to its market value.

CCA Depreciation

CCA Depreciation, or Capital Cost Allowance depreciation, is a method of depreciation used for tax purposes in Canada, allowing businesses to deduct the cost of capital assets over a period of time.

Straight-Line Depreciation

A plan for parceling out the expense of a physical asset throughout its active life in uniform yearly amounts.

Cost-Cutting

The process of reducing operating expenses within a business to improve profitability.