Choosing the Appropriate Sourcing Option for a Given Activity Is

question 16

Multiple Choice

Choosing the appropriate sourcing option for a given activity is known as:

• A) near sourcing.
• B) offshore sourcing.
• C) right sourcing.
• D) strategic sourcing.
• E) None of the above

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Definitions:

Extraordinary Gains

Profits from events or transactions that are both unusual in nature and infrequent in occurrence, though this distinction has been eliminated in current accounting practices.

Pretax Loss

The loss a company incurs before taxes are deducted.

Pretax Gain

The profit a company has made before any taxes have been applied.

Tax Rate

The rate at which income is taxed for a person or a business entity.