The Process of Identifying, Describing, and Evaluating the Activities an Organization

question 141

Multiple Choice

The process of identifying, describing, and evaluating the activities an organization performs is called:

• A)Activity inputs
• B)Driver analysis
• C)Activity analysis
• D)Value-added activities

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Definitions:

Cash Flow

The cumulative sum of funds moving in and out of a company, particularly influencing its liquid assets.

Operating Activities

Activities related directly to the business's primary operations, such as selling products or services, and reflected in its cash flow statement.

Accounts Receivable

Financial obligations of customers towards a company for received goods or services yet to be paid.

Debit Balance

The amount that remains in a financial account when the total debits exceed the total credits, often indicative of expenses or assets.