The maximum freedom for managers and minimum constraints are the main features of ___________?
Correct answer: C. total decentralization
- A. total autonomy
- B. total centralization
- C. total decentralization
- D. total congruency
Explanation
Total decentralization places decision-making authority with lower-level managers and imposes relatively few constraints. Centralization has the opposite structure, with authority concentrated at higher levels.
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About Cost Accounting
Cost accounting measures and analyses the cost of producing goods or providing services for planning, control and pricing decisions. It covers direct and indirect costs, fixed and variable costs, job and process costing, break-even analysis, marginal costing, overhead allocation, and the difference between product cost and period cost.
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