6. Indicate if the following questions are True or False?

In a decentralized form of business, authority and responsibility for planning and controlling operations is delegated among managers. - A disadvantage of decentralization is that decisions made by one manager may negatively affect the operations of other managers or the overall profitability of the company Three Responsibility Centers are Cost Centers, Profit Centers and Investment Centers. -A responsibility center in which the department manager has authority over and responsibility only for costs and revenues is called an Investment Center - Costs allocated from Corporate headquarters to Divisions are considered Direct and Controllable costs