Which of the Following Is an Example of Offshoring

question 29

Multiple Choice

Which of the following is an example of offshoring?

• A) Fahad, a resident of the UAE, can share his views-data and information-about the country's construction industry with his friends in the U.S.
• B) The IT support services for customers of Mayfair Inc., a U.S. based consumer electronics manufacturer, are based in India.
• C) Treat Corp. is a food and beverage manufacturer based in Texas. It decided to move from Houston to Fort Worth in Texas to cut production costs.
• D) Lin, a Chinese citizen, decides to move to the U.K. after her application for scholarship is accepted by a leading university in London.

Distinguish between different types of liabilities and their classifications on the balance sheet.

Recognize the difference between a company’s operating cycle and fiscal year.

Understand the classification and characteristics of current assets.

Comprehend the process and significance of closing entries and how they relate to the owner's capital.

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Definitions:

Grade Point Average

An average score that represents the cumulative academic performance, calculated by dividing the total amount of grade points earned by the total amount of credit hours attempted.

Entrance Exam

A test designed to evaluate a prospective student's academic ability or suitability for admission to a particular school or program.

Random Sample

A sample drawn in such a way that each member of the population has an equal chance of being selected.

Correlation Coefficient

A numerical measure that indicates the extent of a linear relationship between two variables, ranging from -1 to 1.