Examlex
Which of the following situations would normally be discovered by testing the bank reconciliation?
Shadow IT
Shadow IT refers to IT systems and solutions built and used inside organizations without explicit organizational approval.
Insourcing
The practice of performing a business function internally rather than outsourcing it to an external provider or company.
Reverse Outsourcing
The practice where jobs or tasks are brought back in-house from an external service provider, often to regain control or reduce costs.
Nearshoring
The practice of transferring a business operation to a nearby country, often to reduce costs and improve collaboration due to geographical proximity.
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