A Nonvalue-Adding Activity Is Defined as A(n)

question 19

Multiple Choice

A nonvalue-adding activity is defined as a(n)

• A)administrative or support activity that adds overhead cost to the product and increases its market value.
• B)activity that adds cost to a product but does not increase its market value.
• C)activity that adds no cost to the product but increases its market value.
• D)wasteful but unavoidable production activity.

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Definitions:

Private Organizations

Entities that operate independently of government control, often driven by private ownership or non-profit motives.

Medicare Coverage

A federal health insurance program in the United States for people aged 65 and older, as well as for some younger individuals with disabilities.

Federal Government

The national government of a federated state, which shares sovereignty with the individual sub-units (such as states or provinces) and which possesses the highest authority in the land under the constitution.

End-Stage Renal Disease

A chronic condition where the kidneys lose their ability to filter waste, electrolytes, and fluids effectively, often requiring dialysis or transplantation.