First, briefly remind us about your future career path. $(1$ sentence$)$

Imagine yourself as a top manager in your future career$/$business$.$ At what point would you know it was time to decentralize, and how would you know? Would it be difficult for you to decentralize and delegate responsibilities $($especially if you started or grew the business yourself$)?$ How would you split your business up into segments $($by geography, product line, etc.$)?$ How would you choose people that you can trust with delegated responsibilities? $(2-3$ sentences$)$

Of the various performance tools discussed $($performance reports, financial ratios, balanced scorecard, flexible budget variances, specific DM$/$DL variances$),$ which would you most like to use in your future career and why? Which would you least like to use and why? $(2-3$ sentences$)$

In your future desired career, what type of responsibility center would you be in charge of$?$ How do you know which type it is$/$what are you responsible for? $(1-2$ sentences$)$

For your future desired career$/$industry$/$business$,$ describe and calculate $($with estimates$)$ at least one example of a standard cost $($including the standard quantity and the standard price$).$ This could be for a type of material or labor, or something else that relates. $(1-2$ sentences$)$

Let's say you see significant variances from the above estimates. Who would you talk to to figure out what happened? What questions would you ask? Who would you ultimately hold responsible for the variances and why? $(2-3$ sentences$)$