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. Here are the questions for the week. Please and one and respond to a classmate's post. 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