When an Organization's Owner Allocates Resources to a Specific Branch

question 36

Multiple Choice

When an organization's owner allocates resources to a specific branch of the organization, this is an example of which of the following?

• A) Decision making
• B) Strategic planning
• C) Budgeting
• D) Specification of goals
• E) Planned decision making

Distinguish between profit centers and cost centers and their evaluations.

Grasp the concept of discretion given to managers of profit centers.

Comprehend the impact of outsourced services on company operations and profits.

Identify the considerations involved in setting transfer prices.