List two benefits and two costs associated with decentralization.
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 52% (21 reviews)
The benefits include 1 Timely decisions 2 Tailoring managerial skills and s...View the full answer
Answered By
Asim farooq
I have done MS finance and expertise in the field of Accounting, finance, cost accounting, security analysis and portfolio management and management, MS office is at my fingertips, I want my client to take advantage of my practical knowledge. I have been mentoring my client on a freelancer website from last two years, Currently I am working in Telecom company as a financial analyst and before that working as an accountant with Pepsi for one year. I also join a nonprofit organization as a finance assistant to my job duties are making payment to client after tax calculation, I have started my professional career from teaching I was teaching to a master's level student for two years in the evening.
My Expert Service
Financial accounting, Financial management, Cost accounting, Human resource management, Business communication and report writing. Financial accounting : • Journal entries • Financial statements including balance sheet, Profit & Loss account, Cash flow statement • Adjustment entries • Ratio analysis • Accounting concepts • Single entry accounting • Double entry accounting • Bills of exchange • Bank reconciliation statements Cost accounting : • Budgeting • Job order costing • Process costing • Cost of goods sold Financial management : • Capital budgeting • Net Present Value (NPV) • Internal Rate of Return (IRR) • Payback period • Discounted cash flows • Financial analysis • Capital assets pricing model • Simple interest, Compound interest & annuities
4.40+
65+ Reviews
86+ Question Solved
Related Book For
Managerial accounting
ISBN: 978-0471467854
1st edition
Authors: ramji balakrishnan, k. s i varamakrishnan, Geoffrey b. sprin
Question Posted:
Students also viewed these Managerial Accounting questions
-
List several fixed and variable costs associated with owning and operating an automobile. Suppose you are considering whether to drive your car or fly 1000 miles to Florida for spring break. Which...
-
List two disadvantages associated with decentralization of a firms operations.
-
The projected market value and M&O costs associated with a presently owned machine are shown (next page). An outside vendor of services has offered to provide the service of the existing machine at a...
-
In evaluating employee performance and determining salary raises, a company uses a large number of subjective and objective criteria gathered from numerous evaluators that are then combined together...
-
Sketch the curve parametrized by r(t) = (|t| + t, |t| t).
-
In the system below, YTR represents total revenue in dollars and YTC represents total cost in dollars for a manufacturer. If q represents both the number of units produced and the number of units...
-
Find the critical value f0.05 for F7,20.
-
Suppose that five normal populations have common variance 2 = 100 and means 1 = 175, 2 = 190, 3 = 160, 4 =200, and 5 = 215. How many observations per population must be taken so that the probability...
-
1) In valuing a project, or even a firm, we work off of projections.This means that we must make assumptions.What are the biggest areas of assumptions in a valuation exercise? 2) How can we address...
-
Dry Quick (DQ) is a medium-sized, private manufacturing company located near Timmins, Ontario. DQ has a June 30 year-end. Your firm, Poivre & Sel (P&S), has recently been appointed as auditors forDQ....
-
Why do firms decentralize?
-
What are the three common forms of responsibility centers we find in organizations?
-
The adjusted trial balance of College Book Store as of November 30, 2016, after the firms first month of operations, appears on the shown below. Appropriate adjustments have been made for the...
-
We all have personal transactions that occur each week or month that are part of our normal lives. One basic transaction that we all typically have in common is the purchase of goods or services. For...
-
In running an STR business, you are not always in control of all of the challenges and opportunities involved in your business. Other people or organizations can impact your business in bold or...
-
Suppose you apply the same amount of force (say, net force is 6 newtons) to two separate carts, one cart with a mass of 1 kg and the other with a mass of 2 kg. Which cart will accelerate more (go...
-
a ballistic pendulum, a bullet with mass of 40.0 g is fired in to the catcher with mass of 600.0 g. The length of pendulum is 60.0 cm. After bullet embedded in to the catcher, total system rises to...
-
a body of a mass m1 is hanging vertically over a massless pulley connected by a string to the mass m2 The mass m2 is lying on a frictionless incline with the angle 0 what is the tension of the string...
-
State how an auditor should outline the programme suitable for a share transfer audit.
-
Copy and complete the statement. 3800 m ? km =
-
Explain the determinants of price elasticity of demand.
-
(a) Cash equivalents are the same as cash. Do you agree? Explain. (b) How should restricted cash funds be reported on the balance sheet?
-
All organizations should have systems of internal control. Universities are no exception. This site discusses the basics of internal control in a university setting. Address:...
-
The board of trustees of a local church is concerned about the internal accounting controls for the offering collections made at weekly services. The trustees ask you to serve on a three-person audit...
-
The United Auto Workers ( UAW ) and Ford Motor Company were negotiating a new agreement to address industry issues during a severe economic downturn. Ford offered to consider delaying layoffs if the...
-
An important step in the event tourism strategy process is 'Strategy Development'. Discuss the three (3) main strategic options for a destination to develop its event portfolio and the conditions...
-
IKEA is a multinational corporation with a proven track record of listening to stakeholders in ways that improve relationships and the bottom line. Conduct your own research on IKEA and develop a...
Study smarter with the SolutionInn App