Select the statement that most accurately reflects the financial functional distinctions between individuals or unit in the organization.

There is a direct correlation between the vertical structure of the organization chart and the authority to make financial decisions.

Vertical decisions of financial decisions are typically maintained at the top of the structure, with assignments for purchasing, pricing, and the like delegated.

Individuals at the middle and lower portion of the organizational chart, by the nature of their active involvement in purchasing and setting fees, have a significant impact on policy setting.

There is a symbiotic relationship of responsibility, decision making, and financial accountability shared equally across the organization.