One Advantage of Centralization Is Better Use of Top Management's

question 105

True/False

One advantage of centralization is better use of top management's time on strategic decisions.

---

Definitions:

Vendor

An entity or person that supplies goods or services to another company, often part of the supply chain.

Depreciation

The systematic periodic transfer of the cost of a fixed asset to an expense account during its expected useful life.

Horizontal Analysis

A method of financial analysis in which items on financial statements over multiple periods are compared.

International Segments

Parts of a company that operates in different countries outside of the company's home country, often analyzed separately in financial reports to assess performance.