Which of the Following About the Practice of Outsourcing Is

question 40

Multiple Choice

Which of the following about the practice of outsourcing is true?

• A)It currently only affects workers in low-skill, low-wage jobs.
• B)It only occurs when a firm contracts with foreign producers.
• C)It has begun to impact high-tech, high-pay positions as well as low-end jobs.
• D)It has failed to catch on in Canada as much as it has in Europe and Asia.

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Definitions:

Credit Sale

A business transaction in which the purchaser buys goods or services on account, agreeing to pay the seller at a future date.

Pay Later

A type of payment arrangement allowing the purchaser to buy goods or services and defer payment to a future date.

Sales Receipt

A document that records a transaction where the payment is made immediately at the time of sale.

Invoice

An invoice is a document issued by a seller to a buyer, outlining products or services provided, amounts due, and payment terms.