Which of the Following Activities Are Non-Value-Added Activities

question 73

Multiple Choice

Which of the following activities are non-value-added activities?
i. Inspect work in process
ii. Process sales orders
iii. Repair drilling machine
iv. Move raw material to the work station

• A) i, iii and iv
• B) i, ii and iv
• C) i, ii and iii
• D) ii, iii and iv

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Definitions:

Asset Allocation

The strategy of distributing investments among various types of assets (e.g., stocks, bonds, real estate) to optimize risk and reward based on an individual's or entity's goals and risk tolerance.

Excess Return

The return on an investment that exceeds a benchmark or risk-free return.

Bogey Portfolio

An investment portfolio used as a benchmark to measure the performance of other portfolios.

Treynor Measure

A performance metric for determining how well an investment compensates the investor for risk taken, excluding unsystematic risk.