Business Activities That Would Most Likely Be Offshored Are Characterized

question 36

Multiple Choice

Business activities that would most likely be offshored are characterized by ________.

• A) high-value-adding activities that contribute more productively to increasing company performance
• B) services related to critical, long-term research projects and product development
• C) routine tasks that do not relate to the firm's primary service or product
• D) functions related to the firm's core competencies and strategic assets

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Definitions:

Interest-Bearing Note

A debt instrument that pays interest to the holder at a fixed or variable interest rate until the principal amount is repaid.

Adjusting Entry

A journal entry made at the end of an accounting period to allocate income and expenditures to the correct period.

Interest Expense

The expense recorded by a business for the funds it has borrowed, categorized as a non-operating expense in the income statement.

Interest-Bearing Note

A debt instrument that obligates the issuer to pay interest to the holder, in addition to repaying principal at maturity.