The cost of the business process is the sum of the cost of the inputs and the ________.
A)cost of the activities
B)cost of the outputs
C)value of the outputs
D)value of the products

Question

Quizplus · Accepted Answer

The cost of a business process includes the cost of the inputs (raw materials, labor, equipment, etc.) as well as the cost of the activities (tasks performed in the process). The cost of the outputs or products is not included in the cost of the process itself. Therefore, choice A is the best answer.

The Cost of the Business Process Is the Sum of the Cost