Name the 4 types of responsibility centres and explain briefly each centre. What are the advantages of decentralized organizational structure? Give a brief explanation for each In a decentralized structure how can divisions be differentiated? What are the methods that can be used to measure performance of an investment centre? Explain each briefly by stating their formulas In your own words state the advantages and disadvantages of 'Return on Investment' What is 'Residual income' what are the pros and cons of 'RI' Explain in details EVA. How important is EVA in performance evaluation