Examlex

Solved

When an Immigrant Sends a Remittance from His Host Country

question 42

Multiple Choice

When an immigrant sends a remittance from his host country to his family in his home country, the benefits of immigration to the


Definitions:

Departmental Accounting System

This system allows for accounting and financial reporting to be done separately by departments within an organization, facilitating more specific financial oversight.

Cost Center

A department or function within an organization where its costs are accumulated, but it does not directly generate revenue.

Profit Center

A business unit or department within an organization that is treated as a separate entity for the purpose of calculating its profitability.

Transfer Prices

Prices charged for the sale of goods or services between divisions or subsidiaries within the same company.

Related Questions