Subtracting the Purchase of Intermediate Products and Supplies from the Value

question 81

Multiple Choice

Subtracting the purchase of intermediate products and supplies from the value of the sales of final products determines the amount of:

• A) Net investment for a business
• B) Profit and cost
• C) Value added from the economic activity
• D) Surplus or deficit from the economic activity

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Definitions:

Goals

Goals or intended results that a person or a team strives to accomplish.

Overly Optimistic

Describes an excessive belief in the positive outcomes of situations or events, often ignoring possible risks or negative outcomes.

Realistic

Pertaining to or resembling a real-life situation or practical considerations, often grounded in factual and pragmatic thinking.

Zeigarnik Effect

A psychological phenomenon in which people remember uncompleted or interrupted tasks better than completed tasks.