In a bank, the employee interacting with someone seeking a loan does not have the authority to

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In a bank, the employee interacting with someone seeking a loan does not have the authority to grant the loan.

Why is the employee not given the responsibility to grant the loan?

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Management Accounting In A Dynamic Environment

ISBN: 9780415839020

1st Edition

Authors: Cheryl S McWatters, Jerold L Zimmerman

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