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Problem 1: Which of the following is NOT a benefit of decentralization?
a. Top management is relieved of much day-to-day problem solving and is left free to concentrate on strategy, higher-level decision making, and coordinating activities.
b. Lower-level managers may make decisions without fully understanding the "big picture."
c. Decentralization provides lower-level managers with vital experience in making decisions. Without such experience, they would be ill prepared to make decisions when they are promoted to higher-level positions.
d. Added responsibility and decision-making authority often result in increased job satisfaction. It makes the job more interesting and motivates people to put out their best efforts.
Explain what is meant by "Rate of Return." Why does a business owner need to understand rate of return
Lowland Appliance replenishes its stock of 52-inch flat-screen TVs three times a year. Each order takes 1/9 of a year to arrive. Annual demand for these TVs follows a normal distribution with a mean of 990 and a standard deviation of 40.
Describe the primary characteristics for governmental and not-for-profit entities. How does differ from the primary characteristics for business organization
Construction of Building B on the newly acquired land began on October 1, 2015. By September 30, 2016, Thompson had paid $220,000 of the estimated total.
the ward county hospital center wchc wants to buy a new mobile primary care van to use in screening residents in an
bleeker company has the following merchandise account balances sales 194408 sales discounts 2178 cost of goods sold
1) List and explain three advantages to leasing for a lessee. 2) List and explain two disadvantages to leasing for a lessee.
For this research assignment you are to write a one-page paper on what is fraud, why it has become so prevalent in today's society, and what can be done.
Farmer Company issues $10,000,000 of 10-year, 9% bonds on March 1, 2010 at 97 plus accrued interest. The bonds are dated January 1, 2010, and pay interest on June 30 and December 31. What is the total cash received on the issue date?
Using the information above, prepare pro forma statements for Toys for You for the three months ending September and December 2016.
the cafeteria department at x company incurred the following costs for septembercost itemcostnbspnbspsupervisors
On December 31, 2018, the company sold 700 computers on account. Prepare the journal entries for Miley Company on December 31, 2018
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