A Non-Value-Added-Cost Is a Cost That,if Eliminated,would Reduce the Actual

question 67

True/False

A non-value-added-cost is a cost that,if eliminated,would reduce the actual or perceived value or utility that customers gain from using the product or service.

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Definitions:

Artificial Intelligence

A branch of computer science dealing with the simulation of intelligent behavior in computers.

Sternberg's Triarchic Theory

A theory of intelligence proposing that human intelligence comprises three aspects: analytical, creative, and practical intelligence.

Twin Study

A research method used in psychology and genetics to compare the influence of genetics versus environment on individual traits and behaviors by studying twins.

Nonhuman Animals

Living beings from the animal kingdom that do not belong to the species Homo sapiens.