Which of the Following Statements Is True of Decentralized Decision

question 47

Multiple Choice

Which of the following statements is true of decentralized decision making?

• A)It paves the way for effective downward communication.
• B)It presents information and persuasive messages to large and small teams.
• C)It enables teams to communicate in a peer-to-peer fashion.
• D)It enables teams to follow traditional lines of authority.

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Definitions:

Statement of Earnings

A financial document that provides an account of a company's revenue, expenses, and profit over a specific period, also known as an income statement.

FVTPL

Fair Value Through Profit or Loss, a classification under IFRS for financial instruments measured at their fair value with changes recognized in the profit or loss.

Significant Influence

The power to participate in the financial and operating policy decisions of another entity without controlling it.

Investment Account

An account held at a financial institution that contains securities, cash, and other assets that an individual or entity invests in.