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SSS has adopted some outsourcing practices in order to improve efficiency of its operations. One of the managers has been made aware that the supplier is now also working for a competitor. Which TWO of the following should SSS be concerned with regarding the supplier's and ompetitor's new relationship?

Options:

Risk of loss of confidential information

Risk of continuity of supply

Risk of increased transaction costs

Risk of losing core competence

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Question 2

M works in the finance function of S Company, a logistics and distnbution organisation

M has been asked to assist in narrating how the company has performed by collating the regular six monthly review for distribution to shareholders

Which of the following finance function activities best describes the activities M is likely be involved in?

Options:

Qualitative analysis

Sales forecasting

Corporate reporting

Quantitative analysis

Question 3

The Finance function of XZY company, which is based in the UK. are planning how they can minimise the corporation tax costs

Which of the following is correct?

Options:

Tax avoidance aims to reduce the amount of tax payable and is legal

Tax avoidance aims to reduce the amount of tax payable and is illegal

Tax avoidance operates within the spirit of the law.

Tax avoidance is the same as tax mitigation

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