Examlex

Solved

"A Shortage of Qualified Personnel Is One of the Main

question 37

Multiple Choice

"A shortage of qualified personnel is one of the main reason that companies outsource. A project may require experts in a particular field for several months and planning for this procurement ensures that the needed services will be available for the project." Which of the following benefits does this characteristic of outsourcing provide an organization?


Definitions:

Time-Driven Activity-Based Costing

A method of costing that assigns costs to products or services based on the actual time taken to perform specific activities.

Customer Cost Analysis

The process of examining the costs associated with acquiring and maintaining customers to assess profitability.

Customer Service Department

A designated division within a company focused on addressing customer inquiries, complaints, and support needs.

Time-Driven Activity-Based Costing

A costing method where costs are assigned based on the activities required for production and the amount of time each activity takes.

Related Questions