Understanding Shared Services:Shared services involve consolidating and centralizing resources, personnel, or processes to achieve efficiency and cost savings. This is common in government organizations looking to optimize operations.
Explanation of Answer Choices:
A. Reduce current staffing levels: While staff reductions may occur as a result, this is not the primary goal.
B. Transfer responsibilities to another entity: This describes outsourcing, not shared services.
C. Efficiently aggregate resources: Correct, as shared services aim to centralize resources for improved efficiency.
D. Provide private business opportunities: This is unrelated to shared services, which focus on internal government operations.
References:
Association of Government Accountants (AGA),Shared Services in Government.
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