The Costs That Should Be Included in an Outsourcing Decision

question 65

Multiple Choice

The costs that should be included in an outsourcing decision are

• A)fixed costs.
• B)variable costs.
• C)unavoidable costs.
• D)relevant costs.

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Definitions:

Liquidated

The process of converting assets into cash, often during the closure of a business, or to settle debts.

Unanimous Written Consent

A document that officially records the agreement of all parties or directors on a decision, without the need for a formal meeting.

Limited Liability Partnership

A business structure that offers its owners limited personal liability for the debts and actions of the partnership, while operating with a flexible management structure.

Statutorily Required Filing

Refers to documents or submissions that must be filed according to law or statute.