In today's global world, an outsourcing of products or services from lower cost countries is classified as
A. differential in-sourcing
B. off-shoring
C. incremental outsourcing
D. differential outsourcing
Answer: Option B
Solution(By Examveda Team)
In today's global world, an outsourcing of products or services from lower cost countries is classified as off-shoring. Offshoring is the relocation of a business process from one country to another—typically an operational process, such as manufacturing, or supporting processes, such as accounting.Related Questions on Management Accounting
A. resourcing
B. value acquiring
C. production
D. value acquaintance
Examining of past performance, exploring alternative and planning future is
A. learning
B. alternating
C. examining
D. deciding
Time that a company takes to create and produce a new product is classified as
A. management factor
B. time factor
C. customer factor
D. chain factor
Purpose of management accounting is to
A. past orientation
B. help banks make decisions
C. help managers make decisions
D. help investors make decision
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