What Is the Objective of Process Value Analysis

question 8

Multiple Choice

What is the objective of process value analysis?

• A)to include measures of activities not simply related to increasing profits
• B)to establish competitive advantage by creating better customer value for the same cost
• C)to efficiently perform necessary and eliminate activities that do not create customer value
• D)to improve costing accuracy by emphasizing the activities and tasks that must be performed

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Definitions:

Corporate Bond

A debt security issued by a corporation and sold to investors to raise financing for capital-intensive projects or operational costs.

Primary Market

The financial market where new securities are issued and sold for the first time, typically directly by the issuer to investors.

Secondary Market

A financial market where previously issued financial instruments such as stock, bonds, options, and futures are bought and sold.

Interest

The cost of borrowing money, often expressed as a percentage rate over a period of time, or the income earned from lending money.