COST ACCOUNTING
RESPONSIBILITY ACCOUNTING
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
One of the advantages is that delegating authority to managers may make conflicting decisions.
|
|
True
|
|
|
False
|
Explanation:
Detailed explanation-1: -Quick implementation of decisions In a centralized organization, decisions are made by a small group of people and then communicated to the lower-level managers. The involvement of only a few people makes the decision-making process more efficient since they can discuss the details of each decision in one meeting.
Detailed explanation-2: -Decentralized decision making allows managers at lower levels to make and implement key decisions pertaining to their areas of responsibility. The practice of delegating decision-making authority to the lower levels of management in a company is called decentralization.
Detailed explanation-3: -Answer and Explanation: The correct option is (c) Decentralization.
There is 1 question to complete.