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the cost of the business process is the cost of the inputs plus the cost of the outputs. true or false

Sagot :

Answer: False.

Explanation: This statement is false. The cost of a business process usually includes the cost of the inputs plus the cost of the activities involved in producing the outputs. In that sense, the cost of outputs is not generally included. Alternatively, the cost of outputs refers to the value produced from the output, meaning it is not really a cost component. Hence, the given statement is incorrect.