Acquisition of Services in Many Organizations Is Referred to as ______

question 43

Multiple Choice

Acquisition of services in many organizations is referred to as ______.

• A)service contracting
• B)procurement
• C)sourcing
• D)acquisition

---

Definitions:

Indirect NCI

Represents the portion of equity in a subsidiary not attributable directly to the parent company, often arising in complex group structures.

Tiered Group

A structure of multiple groups or entities arranged in a hierarchy, where control or ownership is exercised through several layers.

Notional Profits

Hypothetical or estimated profits based on assumptions or projections, not actual earnings.

Reciprocal

Something that is given or done in return for something else; in financial contexts, it often relates to mutual agreements or exchanges.