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Managerial Accounting: The Corners...

7th Edition
Maryanne M. Mowen + 2 others
ISBN: 9781337115773

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BuyFindarrow_forward

Managerial Accounting: The Corners...

7th Edition
Maryanne M. Mowen + 2 others
ISBN: 9781337115773
Textbook Problem
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What is decentralization?

To determine

Describe the term decentralization.

Explanation

Decentralization:

Decentralization can be defined as the practice of assigning the responsibility of decision-making to the managers at a lower level. It allows the managers to make the decision and implement it to the areas of responsibility.

Decentralization is very helpful for those firms which grow and operate in different regions and markets...

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