Question

moving accounting responsibilities to an outside company is an example of ______.
a. importing
b. exporting
c. outsourcing
d. absolute advantage

Explanation:

Moving accounting responsibilities to an outside company means contracting an external entity to perform those tasks, which is the definition of outsourcing. Importing involves bringing in goods/services, exporting is sending them out, and absolute advantage is about production efficiency, none of which match this scenario.

Answer:

C. outsourcing