Revenue-Producing Tasks and Activities Related To,but Not Part of the Primary

question 81

Multiple Choice

Revenue-producing tasks and activities related to,but not part of the primary strategy of a business is called:

• A)noncore projects.
• B)discontinued tasks.
• C)factoring receivables.
• D)off-the-books strategy.

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Definitions:

Residual Income

The income that remains after all personal debts and expenses have been paid, or in business, after all capital costs are deducted from net revenues.

Internal Centralized Service Department

A department within an organization that provides essential services or support centrally to other departments, often aiming to increase efficiency and standardization.

Manufacturing Department

A specialized division within a company that is focused on the production of goods.

Payroll Accounting

The process of recording and managing all financial transactions related to employee compensation.