________ Is the Hiring of Another Organization to Perform a Service

question 32

Multiple Choice

________ is the hiring of another organization to perform a service.

• A) Insourcing
• B) Merchandising
• C) Poaching
• D) Outsourcing

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Definitions:

Order Instrument

A negotiable instrument that is payable “to the order of an identified person” or “to an identified person or order.”

Payee

The individual or entity to whom a check, draft, or note is made payable.

Identified

Recognized or determined to be a particular entity or object, especially through specific characteristics or methods.

Transfer

The act of moving or passing an asset, title, right, or property from one party to another.