Human Resources and Other Support Functions Are Not Value-Creating Activities

question 86

True/False

Human resources and other support functions are not value-creating activities in the value chain; only value-chain activities create value.

Recognize the significance of Mendel’s contributions to the field of genetics.

Understand the implications of recessive and dominant traits in genetic diseases.

Identify the genetic makeup and potential genotypic combinations from genetic crosses.

Understand the concepts of dominant and recessive alleles and their phenotypic outcomes.

---

Definitions:

Bank Account Reconciling

The process of comparing and matching figures from the accounting records against those presented on a bank statement to ensure they are in agreement and accurate.

Adjusted Balance

The result of adjusting the balance of an account to reflect any debits or credits that have been posted to the account.

Reconciling Information

The process of ensuring that two sets of records or accounts are in agreement, often involving identifying and explaining any discrepancies.

Bank Reconciliation

The process of matching and comparing figures from the accounting records against those presented on a bank statement to ensure consistency.