Call Centers and Data Processing Are Examples of What Is

question 11

Multiple Choice

Call centers and data processing are examples of what is known as:

• A)offshore outsourcing.
• B)devolved labor.
• C)horizontal globalization.
• D)localized globalization.
• E)social media.

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Definitions:

Net Income

The amount of money left after all expenses, taxes, and deductions have been subtracted from a company's total revenue.

Separately Stated Items

Items on a partnership or S corporation tax return that are passed through to the owners or shareholders separately from ordinary income.

Schedule K-1

A financial form that details the earnings, deficits, and dividend distributions for partners or shareholders of a partnership or S corporation.

Partnership Income

The share of profits or losses from a partnership that is reported on the personal income tax returns of the partners, influenced by the terms of the partnership agreement.