Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Using the concept of Centralized and Decentralized Operation: 1. Comment on businesses you have worked for and characterized them as either centralized or decentralized. Be

Using the concept of Centralized and Decentralized Operation:

1. Comment on businesses you have worked for and characterized them as either centralized or decentralized. Be specific with details.

2. Explain the concept of Decentralized operation.

a) Discuss your thought on whether or not there can be a link between decentralized operations and increased profitability. Explain how.

3. What are the advantages of operating a centralized operation? Discuss 3 advantages, explain in detail and provide specific examples.

You are analyzing two companies relate your answers to the following questions to these two companies:

  • A CPA, Accounting Firm
  • Walmart Stores

4. Refer to question 2a Is it more likely for the CPA firm to feel that effect or the Walmart store? Support you answer with details, insight and examples.

5. Why would the management feel that operating a centralized company would be more desirable?

a) Is it more likely for the Accounting Firm to pursue this type of operation or a Walmart store? Why?

6. What are the steps that the higher level management would take to ensure that the financial objectives of the company are met through decisions that the lower level management makes on daily basis in regards to cost, profit and investment accountability,?

a) Is it more likely for the Accounting Firm or the Walmart to have to implement these control steps?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial Accounting with International Financial Reporting Standards

Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso

4th edition

1119504309, 1-119-50340-8, 9781119503408 , 978-1119504306

More Books

Students also viewed these Accounting questions