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A Value-Adding Activity Is One That Increases the Cost of a Product

question 14

True/False

A value-adding activity is one that increases the cost of a product but does not add to the product's market value.


Definitions:

Advertising

The action of calling public attention to products, services, or events, often through paid announcements by an identified sponsor.

Debit

The left side of an account.

Cash

Money in the form of coins or banknotes, especially that held by an organization or individual.

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