Microsoft's Use of "Permatemps" Is an Example of ______

question 92

Multiple Choice

Microsoft's use of "permatemps" is an example of ______.

• A)automation
• B)outsourcing
• C)offshoring
• D)"just-in-time" delivery systems

Identify the financial statements on which different accounts are reported.

Distinguish between permanent and temporary accounts.

Recognize the expense recognition principle for natural resources.

Understand the concept and accounting treatment of goodwill.

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Definitions:

Action Plan

A detailed outline of the tasks, resources, and timelines necessary to achieve specific goals or objectives.

Marketplace

A platform or an environment where buyers and sellers interact to trade goods, services, or information, either physically or online.

High Cost Reductions

Strategic initiatives or measures taken to significantly lower expenses in order to improve profitability or financial performance.

Low Local Responsiveness

Refers to a company's minimal level of adaptation of its products and services to various local markets due to cost, efficiency, or uniform branding strategies.