When a company moves its production to another country it is known as

A) nearsourcing.
B) insourcing.
C) offshoring.
D) onboarding.


C) offshoring.

Business

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Which of the following is an advantage of budgeting?

A) Budgets help managers by eliminating risk, as they show actual values of expected activities. B) Budgets form a part of the financial statements of a company. C) Budgets help managers by identifying potential constraints. D) Budgets contain only dollar values and this helps in analyzing actual performance.

Business

Which of the following would be considered a political factor relative to the financial accounting policy function?

a. Auditors b. Inflation c. Taxes d. Price changes

Business

Miranda is in charge of tracking the output quality of recycled aluminum at Reclaimed Metals. When she went on maternity leave, Silas was brought on in a temporary capacity to cover her position during her absence. The department manager, Rochelle, knew that the company's rapid growth had increased Miranda's workload over recent months, and she wanted to ensure Miranda would not have to work overtime upon her return since Miranda would have a new baby at home. In order to allow Miranda to ease back into work upon her return and to account for increased work demands due to future company growth, Rochelle decided to hire Silas permanently to handle the quality assurance responsibilities with Miranda. This arrangement is known as

A. virtual work. B. term-time working. C. contracting. D. compressed working hours. E. job sharing.

Business

If the rho of the specific option is known, it is easy to determine how the option's value will change as the spot rate changes

Indicate whether the statement is true or false.

Business