Concept explainers
a
Interpretation: Cost of in-house accounting
Concept Introduction: Cost is the amount incurred for purchasing a product or producing of a good. For producing good, certain amount is paid, the foresaid amount is cost.
b
Interpretation: Cost of outsourcing accounting to SPARG.
Concept Introduction: Cost is the amount incurred for purchasing a product or producing of a good. For producing good, certain amount is paid, the foresaid amount is cost.
c
Interpretation:Variable cost which make Cal indifferent to two options.
Concept Introduction: Variable cost of production is the per unit Cost which changes with the change in level of output.
d
Interpretation: Other alternatives to be considered for staffing.
Concept Introduction: :Outsourcing is a contract in which a company give its work to another which is responsible for planning, execution and final delivery of work
d
Interpretation: Factors to be considered while making outsourcing decision.
Concept Introduction: Outsourcing is a contract in which a company give its work to another which is responsible for planning, execution and final delivery of work
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