Question

Identify which of the following statements about cost centers and decentralization is true. Group of answer...

Identify which of the following statements about cost centers and decentralization is true.

Group of answer choices

Accountability for revenues and expenses exist independently of the ability to make decisions.

Decentralized organizations are organized into profit centers.

Cost centers are centralized, but profit centers are decentralized.

Accountability for revenues and expenses requires the ability to make decisions.

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Answer #1
Accountability for revenues and expenses exist independently of the ability to make decisions.
Assignment of responsibility makes an individual accountable to their superior.
The individuals assigned responsibility for revenues and expenses are accountable to their superior irrespective of their ability to make decisions.
Option A is correct
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