What Factors Determine Where Back Office Services Will Locate in LDCs

question 33

Multiple Choice

What factors determine where back office services will locate in LDCs?

• A) political stability and cultural diversity
• B) market threshold and service range
• C) military training and proximity to command and control centers
• D) low wage rates and workers who can speak English
• E) tax advantages and bank secrecy laws

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Definitions:

Debit

An entry recorded on the left side of a double-entry bookkeeping system that increases an asset or expense account, or decreases a liability, equity, or revenue account.

Credit

An accounting entry that either decreases assets or increases liabilities and equity on a company's balance sheet.

Salaries Expense

The total amount of salary payments made to employees, recognized as an expense in the accounting period in which the employees' services are rendered.

Office Salaries

Office Salaries refer to the compensation provided to employees who perform administrative duties within an office.