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_____ Provides Greater Flexibility by Allowing Specific Processes to Be

question 25

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_____ provides greater flexibility by allowing specific processes to be kept internal while allowing other processes to be outsourced.


Definitions:

Fiat Money

Paper money that is not backed by or convertible into any good; it is money because the government says it is money.

Medium of Exchange

A facilitating device or arrangement employed to assist in the transactions of buying, selling, or trading items between entities.

Legal Tender

Currency that must be accepted if offered in payment of a debt, by law.

Federal Deposit Insurance

A government guarantee that protects bank depositors' funds up to a certain limit in case of a bank failure.

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