Examlex
Capitalizing on discrepancies in quoted prices involving no risk and no investment of funds is referred to as interest rate parity.
Investment Centre
A business unit or division that is responsible for generating returns on the assets allocated to it, with managers typically evaluated on profitability and the efficiency of asset utilization.
Suboptimal Decisions
Choices or decisions made that are not the best possible ones, often resulting in less efficient or effective outcomes than could have been achieved.
Decentralisation
The distribution of decision-making power and operational responsibilities away from a central authority to lower levels in an organization.
Responsibility Accounting
An accounting system that collects, summarizes, and reports financial information related to the responsibilities of individual managers or departments.
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