What is the contracting of a specific business task, such as payroll, to a third-party service provider?
A. Insourcing.
B. Outsourcing.
C. Business process outsourcing.
D. Offshore outsourcing.
C. Business process outsourcing.
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Aggregation represents the relationship of a(n) ________
A) whole to a part B) object to a class C) whole to a whole D) part to a part
Aubey Aircraft recently announced that its net income increased sharply from the previous year, yet its net cash flow from operations declined. Which of the following could explain this performance?
A. The company's operating income declined. B. The company's expenditures on fixed assets declined. C. The company's cost of goods sold increased. D. The company's depreciation and amortization expenses declined. E. The company's interest expense increased.
Which of the following statements regarding a process costing system is false?
A. Use of a process costing system would be appropriate for a company that manufactures luxury yachts. B. Unit costs are computed for each department. C. Unit cost is determined for a designated period of time. D. The number of equivalent units for a period takes into account the stage of completion of ending work in process inventory.
Which of the following is a difference between first movers and late movers?
A. First movers take advantage of the inflexibility of late movers, whereas late movers may be locked into a given set of fixed assets. B. First movers face greater technological and market uncertainties, whereas late movers take advantage of the solutions of the first movers. C. First movers may be able to free ride on the huge pioneering investments of late movers, whereas late movers have to make preemptive investments. D. First movers attract more late entrants, whereas late movers erect entry barriers for further entrants.