Which of the Following Statements Is False

question 23

Multiple Choice

Which of the following statements is false?

• A) The U.S. military is a good example of an organization that is highly decentralized.
• B) The degree of decentralization depends on how many decisions principals delegate to agents.
• C) Management control systems are used to measure the performance of an agent's decisions.
• D) Most organizations have some operating units that are centralized and some that are decentralized.

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Definitions:

General Journal

A basic accounting ledger used to record all types of accounting transactions before they are transferred to specific accounts in the general ledger.

Cash Receipts Journal

A specialized accounting journal used in the double-entry bookkeeping system to keep track of all cash transactions that increase (debit) the cash account.

Horizontal Analysis

This involves comparing financial data over a series of reporting periods to identify trends and growth patterns within a company's operations.

Increase In Revenue

A rise in the amount of money generated from a company's business activities, typically seen as a positive indicator of growth and financial health.