Any activity that increases the cost of producing a product is a value-added activity.

Name: Any activity that increases the cost of producing a product is a value-added activity.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Value-added activities refer to activities that directly contribute to the production or delivery of a product or service and are valued by the customer. Any activity that increases the cost of production but does not add any value to the product is considered a non-value-added activity.

Any Activity That Increases the Cost of Producing a Product