A Centralized Business Organization Is One in Which All Major

question 167

True/False

A centralized business organization is one in which all major planning and operating decisions are made by top management.

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Definitions:

Expense Transactions

Financial transactions that represent the costs incurred by a business in the course of its operations.

New Transaction

A recent or upcoming financial event that is recorded or needs to be recorded in an accounting system.

Online Form

An online form is a digital document designed to collect data from users over the internet, often used for registrations, surveys, or transactions.

Onscreen Forms

Digital versions of forms that can be filled out directly on a computer or mobile device screen.