What Is the Practice of Moving a Business Process to a Foreign

question 44

Multiple Choice

What is the practice of moving a business process to a foreign country but retaining control of it?

• A) exporting
• B) farshoring
• C) offshoring
• D) outsourcing
• E) backsourcing

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Definitions:

Budgeted Net Income

The estimated net income a company expects to earn over a specific period, as outlined in its budget.

Cash Budget

A financial plan that estimates cash inflows and outflows over a specific period, often used to assess whether a company has sufficient cash to fulfill its operations and obligations.

Budgeted Disbursements

Planned cash outflows for a specific period, including expenses, investments, and other payments.

Desired Balance

The targeted amount of money or level of assets an individual or organization aims to maintain.