What is the main difference between job order costing and process costing? What is an example of an industry that would use process costing and why would that be a preferred method?

What is one advantage of a decentralized organization? What is one disadvantage of a decentralized organization" What is a tool an organization can use to mitigate the disadvantages of a decentralized organization?

What is one of the budgets that become part of the Master Budget? How does that budget contribute to other components of the Master Budget?

What is a deficiency of the static planning budget? How does flexible budgeting help rectify the deficiency?