Outsourcing and Transborder Data Flow Occurs When a Canadian Company

question 55

Multiple Choice

Outsourcing and transborder data flow occurs when a Canadian company

• A)sends personal information via fax to a company located in another country.
• B)opens up a branch in another province or country and sends personal data to it for processing.
• C)receives and works on matters relating to personal data from a company in another province.
• D)gives work related to the Canadian company which involves private data to an out-of-country company.
• E)none of the above

Recognize the characteristics of successful managers and the approaches to identify them.

Acknowledge the impact of effective succession management on organizational outcomes like shareholder value.

Understand the documentation and terminology used in succession planning and management processes.

Recognize the attraction factors for key job candidates and the role of organizational characteristics in talent acquisition.

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Definitions:

Process Costing

A costing methodology used in manufacturing where costs are allocated to processes or departments and then assigned to units of product.

Job-Order Costing

Job-order costing is an accounting method that collects and assigns manufacturing costs to individual goods or jobs, allowing for detailed tracking of production expenses.

Industry

A sector of the economy that is comprised of businesses and organizations that engage in similar types of production, services, or activities.

First-In, First-Out Method

An inventory valuation method where the goods first received are the first to be sold or used.