Accounting Dictionary
Outsourcing
Outsourcing is hiring another firm to do something for you.
Lakisha is afraid of getting in trouble with the IRS. She hired ADT to do all her payroll checks and reports. Lakisha has outsourced payroll. Companies outsource functions that do not represent their core strengths.
https://accounting.uworld.com/cpa-review/lc/accounting-dictionary/term/outsourcing/
Sign Up to Learn More!
Join our mailing list today to get notified of new discount offers, course updates, Roger CPA Review news, and more!