Examlex
Dry heat:
Decentralized
Refers to the distribution of functions, powers, people, or things away from a central location or authority.
Consolidated
Combined financial statements that present the assets, liabilities, and operating results of parent companies and their subsidiaries as a single entity.
Diversified
A risk management strategy that involves spreading investments across various financial instruments, industries, or other categories to reduce risk.
Responsibility Centers
These are parts or segments of a business for which individual managers are responsible, usually in terms of costs, revenues, or investment.
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