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As Regards Quality Risks, Which of the Following Would Be

question 64

Multiple Choice

As regards quality risks, which of the following would be least likely to involve outsourcing to less-developed countries?


Definitions:

Float

The total number of shares of a company that are available for trading by the public.

Checks

Financial instruments that order a bank to pay a specific amount of money from the writer's bank account to the person or entity in whose name the check has been issued.

Bank

A financial institution licensed to receive deposits, offer loans, and provide other financial services to its customers.

Collection Float

The time period between when a payment is made by a customer and when the funds become available to the recipient.

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