Identify the Item Below That Is Considered Non-Value Added Time

question 64

Multiple Choice

Identify the item below that is considered non-value added time.

• A)Time it takes for customer to order goods.
• B)Time it takes to process an order
• C)Time it takes to ship the order
• D)All of the above are non-value added time

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Definitions:

Foreign Exchange Market

The global marketplace for trading currencies, determining the foreign exchange rates for every currency.

Depreciation

The decrease in value of an asset over time, often due to wear and tear or obsolescence.

Dollar

A unit of currency used in various countries, notably the United States, and recognized by its symbol $.

Appreciation

An increase in the value of an asset or currency over time.