Examlex
Which of the following is a value-added activity?
Cost
The value of the financial resources expended to acquire or produce a product or service.
Selling Price
The amount of money for which a product or service is offered for sale to consumers.
Risks
The potential for losing something of value, which can be financial, physical, emotional, or otherwise, as a result of actions taken or events that occur.
Ownership
The state or fact of exclusive rights and control over property, which can be an object, land/real estate, intellectual property, or some form of rights to assets.
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