12-1 The practice of delegating authority to division-level managers by top management is a. decentralization. b. good business practice. c. centralization. d. autonomy. e. never done in business today.
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12-1 The practice of delegating authority to division-level managers by top management is
a. decentralization.
b. good business practice.
c. centralization.
d. autonomy.
e. never done in business today.
Step by step
Solved in 2 steps
- In centralized organizations, primary decisions are made by __________. A. an individual at the top of the organization B. various managers throughout the organization C. outside consultants D. low-level managementMULTIPLE CHOICE Which of the following is the main assumption that is made about managers in general in support of decentralization? Managers at the local/divisional level will act in the best interest of the organization Top managers at corporate headquarters will act in the best interest of the organization Top managers at corporate headquarters have access to better information for operational decisions Managers at the local/divisional level have access to better information for operational decisions Kirkland Company has several service departments that provide services to each other as well as to operating departments within the company. Which method would be least accurate in allocating the company's service department costs? The sequential method The direct method The step-down method The reciprocal method Which of the following is an example of a committed fixed cost? A training program for salespersons Executive travel expenses Property taxes on the factory…1. Information from Management Reporting System are used by business owners in making strategic decisions. The reports created from this are called Group of answer choices b. Discretionary, because the company has no discretion to produce the report or not, the law requires them to generate such reports c. Non discretionary, because the company has sole discretion to produce such reports for internal users. on discretionary, because the company has no discretion to produce the report or not, the law requires them to generate such reports d. Discretionary, because the company has sole discretion to produce such reports for internal users. 2. The entry to record the granting of credit to a customer for a sales return is posted to Group of answer choices a. accounts receivable subsidiary ledger only. b. the general ledger only. c. both the accounts receivable subsidiary ledger and the general ledger. d. both the accounts payable subsidiary ledger and the general ledger.…
- 10. Moral hazard is best described in contexts in which a. division managers cite enormous top management pressures "to make the budget" as excuses for not adhering to ethical accounting policies and procedures. b. the numbers that subunit managers report should be uncontaminated by "cooking the books." C. an employee prefers to exert less effort than desired by the owner because the effort cannot be accurately monitored and enforced. d. socially companies set aggressive environmental goals and measure and report their performance against them.Question 9.1 With respect to each of the following activities, characteristics, and applications, indicate whether they are primarily identified as being found in a centralized organization, a decentralized organization, or both types of organizations. both centralization decentralization Required: Freedom for managers at lower organizational levels to make decisions. Gathering information may be very expensive. Greater responsiveness to user needs. Have few interdependencies among divisions. Maximum constraints and minimum freedom for managers at lowest levels. Maximization of benefits over costs. Minimization of duplicate functions. Minimum of sub optimal decision making. Multiple responsibility centers with various reporting units. Profit centers.57. The managerial function of controlling a. is performed only by the controller of a company. b. is only applicable when the company sustains a loss. c. is concerned mainly with operating a manufacturing segment .d. includes performance evaluation by management.
- 21-Organizational effectiveness can be enhanced with the efficacy of its overall management. Also, the effectiveness matters a lot when it is related with top order personnel. In order to achieve such objective, board of directors must O a. Be selected by reviewing their skills, knowledge and abilities O b. All of the options O c. Possess some sort of reference in becoming board of director O d. Be given full authority who are the pioneers | old employees35. A factors of control environment that covers the applicable directives from management in ensuring all employees understand the organization’s objectives, their individual actions interrelate, their contribution and determine how they would be held accountable: Group of answer choices None of the choices Assignment of Authority and Responsibility Commitment to Competence Organizational Structure Human Resources Policies and Practices13. INTERNAL CONTROL EVERGREEN CORP Evergreen Corp has recently hired a CIO with pro gressive ideas regarding relationship management . He did not like the silo effect cause by strict segrega tions between key duties within the IT function . To resolve this perceived problem and to create a sense of ownership among the IT staff , the CIO restruc tured IT operations to include the following prac tices : individual IT professionals are assigned exclusively to specific "clients " in business functions such as sales processing , billing , and customer account maintenance . Each professional provides a range of IT services for his or her respective clients including data input where necessary , computer operations , program changes , and documenting sys tems (record layouts , system flowcharts , and pro gram listings ) . They also reconcile computer output reports and logs of transactions errors . Required a . Identify and explain any control concerns you have with the new operations . b .…
- Which of the follow is an advantage of decentralization? Group of answer choices Decision made by one manager may have a negative impact on the performance of a manager of another department. Duplication of services since different departments use their own admin and support services. Departmental goals and the goals of the company not be congruent or aligned. Managers can make decisions quickly without having to wait for approval from upper management.Which of the following is not a reason for decentralizing? a. Training and motivating managers b. Unmasking inefficiencies in subdivisions of an overall profitable company c. Allowing top management to focus on strategic decision making d. Allowing top management to make all key operating decisions throughout the company e. All of these.Examine the placement of the manager of HR systems in the organization chart of Figure 14.2 (pg. 541) and review the typical functional responsibilities of this manager, decisions made, and information needs as shown in Table 14.1 (pp. 541542). Describe possible alternatives for the placement of this function in the formal organization chart, and discuss the relative advantages for each placement. Consider the variables of centralized versus decentralized organizational structures.
