What do you mean by centralization and decentralization?
centralization Businesses that are separated into two or more manageable units in which managers have authority and responsibility for operations are said to be decentralized Which of the following is not a disadvantage of a decentralized operation? top management freed from everyday tasks to do strategic planning
Who pays for the operating costs of a Decentralized Operation?
Each decentralized operation purchases their own assets and pays for operating costs. Which of the following is not one of the common types of responsibility centers? Decisions made by one manager may negatively affect the profitability of the entire company. Which of the following is a disadvantage of decentralization?
How do division managers in decentralized operations often work closely with customers?
Division managers in decentralized operations often work closely with customers. Explanation: Managers closest to an operation make the operational decisions under a decentralized system. They provide expertise and focused, close attention to customer needs regarding product lines and services.
What is the role of managers in a decentralized system?
Who makes the major planning and operating decisions?
Who is responsible for its own operations and decision making?
What is the responsibility of a cost center manager?
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Accounting Chapter 24 Quiz Flashcards | Quizlet
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BUS202-03_Ch. 24 Quiz Flashcards | Quizlet
Study with Quizlet and memorize flashcards containing terms like Businesses that are separated into two or more manageable units in which managers have authority and responsibility for operations are said to be a. diversified b. centralized c. consolidated d. decentralized, Which of the following is the best example of a decentralized operation?
Kilbuck manufacturing operates in a lean manufacturing environment ...
Kilbuck manufacturing operates in a lean manufacturing environment. kilbuck's actual conversion costs for the month of may follow: direct and indirect labor $150,000 machine depreciation 85,000 maintenance and supplies 60,000 total conversion costs $295,000 the journal entry to record may's conversion costs will include:
What is the role of managers in a decentralized system?
Explanation: Managers closest to an operation make the operational decisions under a decentralized system. They provide expertise and focused, close attention to customer needs regarding product lines and services. Unfortunately, sometimes the decisions made by one manager may negatively affect the profits of the company.
Who makes the major planning and operating decisions?
all major planning and operating decisions are made by top management.
Who is responsible for its own operations and decision making?
each unit is responsible for its own operations and decision making
What is the responsibility of a cost center manager?
In a cost center, the manager has responsibility and authority for making decisions that affect
What does each decentralized operation do?
Each decentralized operation purchases their own assets and pays for operating costs.
Why are manufacturing plants considered cost centers?
Most manufacturing plants are considered cost centers because they have control over
What is the role of managers in a decentralized system?
Explanation: Managers closest to an operation make the operational decisions under a decentralized system. They provide expertise and focused, close attention to customer needs regarding product lines and services. Unfortunately, sometimes the decisions made by one manager may negatively affect the profits of the company.
Who makes the major planning and operating decisions?
all major planning and operating decisions are made by top management.
Who is responsible for its own operations and decision making?
each unit is responsible for its own operations and decision making
What is the responsibility of a cost center manager?
In a cost center, the manager has responsibility and authority for making decisions that affect
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