Which of the Following Is an Advantage of Outsourcing Information

question 58

Multiple Choice

Which of the following is an advantage of outsourcing information systems?

• A) An outsourcing company is typically in complete control of the process.
• B) It is a cheaper short-term solution to achieve long-term benefits.
• C) It can be an easy way to gain expertise otherwise not known.
• D) The vendors can be easily and cheaply changed if performance is below par.

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Definitions:

Dishonored Note

A promissory note that has not been paid by the maker when due, leading to a default.

Interest Revenue

Income earned by an entity for lending its money or letting another entity use its funds.

Journalize Transactions

The process of recording business transactions in a company's journal, thereby providing a chronological record of financial activities.

Accrued Interest

Interest that has been earned but not yet paid, accumulating on bonds, loans, or any interest-bearing assets.