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1. Describe at least four advantages of decentralization. Also describe at least two disadvantages of decentralization. 2. Define residual income. How is it calculated? Describe
1. Describe at least four advantages of decentralization. Also describe at least two disadvantages of decentralization. 2. Define residual income. How is it calculated? Describe the major weakness of residual income. 3. Compare and contrast a master budget and a flexible budget. 
1. Describe at least four advantages of decentralization. Also describe at least two disadvantages of decentralization. 2. Define residual income. How is it calculated? Describe the major weakness of residual income. 3. Compare and contrast a master budget and a flexible budget
1. Describe at least four advantages of decentralization. Also describe at least two disadvantages of decentralization. 2. Define residual income. How is it calculated? Describe the major weakness of residual income. 3. Compare and contrast a master budget and a flexible budget.
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Auditing
Authors: Alan H. Millichamp
8th Edition
082645500X, 9780826455000
