Managerial Accounting (15th Edition)

Published by McGraw-Hill Education
ISBN 10: 007802563X
ISBN 13: 978-0-07802-563-1

Chapter 11 - Performance Measurement in Decentralized Organizations - Questions - Page 497: 11-1

Answer

See explanation below

Work Step by Step

When an organization is decentralized, it means that decision making processes are spread out throughout the organization, rather than in the hands of a few high level executives.
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