Question

Instead of hiring an accountant, an organization decides to contract with a local accounting firm for its tax accounting needs. The process is known as ________.

Answer 1

Outsourcing

Explanation:

Outsourcing: Outsourcing is the process in which organization contracts or hire any other outside organization to perform certain activity it may be customer support , accounting , marketing ,designing here we are talking about accounting so it also come under outsourcing because we are contracting a local accounting firm.