Which Is Not a Financial Activity That Businesses Commonly Outsource

question 1

Multiple Choice

Which is not a financial activity that businesses commonly outsource?

• A) Payroll
• B) Budgeting
• C) Accounts payable
• D) Sales

---

Definitions:

Swap Contract

An agreement between two parties to exchange sequences of cash flows for a set period of time according to predetermined terms.

Forward Contract

An agreement customized for two individuals to either buy or sell a particular asset at a price decided upon for a future date.

Hedging

A strategy used to reduce or eliminate the risk of adverse price movements in an asset, often by taking an offsetting position in a related security.

Transformation Process

The series of actions or operations conducted in manufacturing or service environments that convert inputs into finished products or outcomes.