Those Activities That Consume Resources but Do $\textbf{ not }$

question 68

Multiple Choice

Those activities that consume resources but do $\textbf{ not }$ contribute to the value of the product are referred as

• A)Contribution activities.
• B)Non-value-added activities.
• C)Manufacturing overhead.
• D)Period costs.

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Definitions:

Boycott

A protest strategy where individuals or groups refuse to buy, use, or participate in something as a form of protest.

Clayton Act

An antitrust law enacted in 1914 in the United States, aimed at promoting fair competition and preventing monopolies by prohibiting certain actions that could lead to anti-competitive practices.

Robinson-Patman Act

U.S. legislation aimed at preventing unfair competition and price discrimination by regulating trade practices in the wholesale level.

Large Purchasers

Entities or individuals who buy goods or services in substantial volumes, often securing discounted prices or advantageous terms.