Question: 1. Explain the difference between centralized and decentralized operations and give an example of each. 2. List the advantages (5) and disadvantages (2) of decentralization

1. Explain the difference between centralized and decentralized operations and give an example of each.

2. List the advantages (5) and disadvantages (2) of decentralization

3. What is responsibility accounting?

4. Define and explain the components of the three (3) responsibility centers

5. Define Transfer pricing and name the three (3) approaches, explain each

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

Q:

1. Explain the difference between centralized and decentralized operations and give an example of each. 2. List the advantages (5) and disadvantages (2) of decentralization 3. What is responsibility...

Q:

Question #1 See page 405 "Ethics Situation". Do you think the general managers action is ethical? I need help with this home work please. USSION QUESTIONS 1. Explain the concept of budgeting 2. What...

Q:

1. List the three levels of the hierarchical planning approach and describe whether planning at each level is driven more by goals or requirements 2. Describe the steps involved in the Problem...

Q:

The discussion will focus on management decision-making and control in two companies, American corporation Amazon.com, Inc. and Chinese company Alibaba Group Holding Limited. Decision-making and...

Q:

Sundar G. Bharadwaj, P. Rajan Varadarajan, & John Fahy Sustainable Competitive Advantage in Service Industries: A Conceptual Model and Research Propositions The purpose of competitive strategy is to...

Q:

This question has 9 parts to it: Please answer the follwing: Blueprint Problem: Profit Centers and Segmented Income Statements Centralized and Decentralized Operations In a centralized company, all...

Q:

Subaru Motors Corporation (SMC) today announced plans to revise its organisational structure. The changes will see the company's structure slim down from 230 departments to 131, which will hopefully...

Q:

A creative engineer suggests structuring the TLB so that not all the bits of the presented address need match to result in a hit. Suggest how this might be achieved, and what might be the costs and...

Q:

Blueprint Problem: Profit Centers and Segmented Income Statements Centralized and Decentralized Operations In a centralized company, all major planning and operating decisions are made by top...

Q:

1. Explain the difference between a centralized and a decentralized company. 2. List of advantages and disadvantages of decentralization. 3. Usually, which outweighs the other in decentralization...

Q:

Calculate the critical angles for the following materials when surrounded by air: (a) Zircon, (b) Fluorite, and (c) Ice. Assume that = 589 nm.

Q:

1. Why is it necessary for Pebble Beach to try to assert the long-arm statutes in this case? 2. The court analyzes only one part of the three-part test for minimum contacts. Why? 3. How does the...

Q:

what is the most significant item in the financing activities of a cash flow statement

Q:

How might AI algorithms inadvertently perpetuate biases in recruitment, and what steps can be taken to mitigate these biases to promote diversity and inclusion in the workforce?

Q:

Can the influencing process really be conducted ethically and in a way that meets the goal of human relations, or is it just manipulation?

Q:

The next time you negotiate, will you actually set threelimit, target, and openingobjectives? Why or why not?

Q:

In bargaining, does it really matter who makes the first offer?