Non-Value-Added Activities Do Not Directly Increase the Worth of a Product

question 40

True/False

Non-value-added activities do not directly increase the worth of a product to a customer.

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Definitions:

Return

The profit or loss derived from an investment or transaction.

Corporate Bond

A type of bond issued by corporations to fund capital investments and operations, promising to pay back with interest.

Yield

The income return on an investment, such as the interest or dividends received from holding a particular security.

Face Value

The nominal or dollar value printed on a security, such as a bond or stock, which indicates its value at issuance or maturity.