An organization's primary operations occur in the U.S. and Europe. However, it has relocated its cash management and accounting functions to an in-house business unit located in India. This business supports standardized finance processes and controls. It has also established, measured and reduced the cost of these back-office business processes. Which of the following BEST describes this concept? Outsourcing Netting center Decentralized control Shared service center
An organization's primary operations occur in the U.S. and Europe. However, it has relocated its cash management and accounting functions to an in-house business unit located in India. This business supports standardized finance processes and controls. It has also established, measured and reduced the cost of these back-office business processes. Which of the following BEST describes this concept? Outsourcing Netting center Decentralized control Shared service center
Chapter16: Country Risk Analysis
Section: Chapter Questions
Problem 7QA
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- An organization's primary operations occur in the U.S. and Europe. However, it has relocated its cash
management and accounting functions to an in-house business unit located in India. This business supports standardized finance processes and controls. It has also established, measured and reduced the cost of these back-office business processes. Which of the following BEST describes this concept?
- Outsourcing
- Netting center
- Decentralized control
- Shared service center
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