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:

Constructors

A method in an object-oriented language that initializes an object immediately upon creation.

Default Constructor

A constructor that takes no arguments, automatically provided by the compiler if no other constructors are explicitly defined for a class.

Driver Program

A driver program is a piece of code that sets up and runs a test scenario for a software application, often used for testing or demonstrating the functionalities of specific components.

Student Class

In object-oriented programming, a student class is a blueprint for creating student objects, encompassing properties like name and ID, and behaviors like attending classes.