A Decentralized Organization Is Defined as One That Has Operations

question 106

True/False

A decentralized organization is defined as one that has operations at two or more physical locations.

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Definitions:

Amount Owing

The total sum of money that is due to be paid.

Operating Expense

An ongoing expense incurred in the operation of a business, such as rent, utilities, and salaries.

Operating Profit

Earnings before interest and taxes, calculated by subtracting operating expenses from gross profit.

Mark-up

The difference between the cost of a good or service and its selling price, expressed as a percentage over the cost.