FUND.ACCT.PRIN.
FUND.ACCT.PRIN.
25th Edition
ISBN: 9781260247985
Author: Wild
Publisher: RENT MCG
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Chapter D, Problem 11DQ
To determine

Value-added time:

Value-added time refers to time spent on the activities which add value to the customers.

Non-value-added time:

Non-value-added time refers to time spent on the activities which do not add value to the customers.

To Explain:

Difference between value-added time and non-value-added time.

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