Examlex
During 2019,Boogle reported net income of $785 million and net cash inflow from operating activities of $1,196 million.During 2018,Boogle's net income was $563 million and net cash inflow from operations was $1,237 million.Which of the following is incorrect about the quality of income ratios?
Decentralized Operation
A business strategy where decision-making powers are distributed among various levels instead of being concentrated at a single point.
Strategic Planning
The development of a long-range course of action to achieve business goals.
Transfer Pricing
The pricing of goods, services, or intangible property transferred within divisions of the same company, which can impact taxation and profit allocation.
Division Manager
A managerial position responsible for overseeing a specific division within a company, making key decisions related to that segment's operation.
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