Which of the Following Is the Main Assumption That Is

question 75

Multiple Choice

Which of the following is the main assumption that is made about managers in general in support of decentralization?

• A) Managers at the local/divisional level will act in the best interest of the organization.
• B) Top managers at corporate headquarters will act in the best interest of the organization.
• C) Top managers at corporate headquarters have access to better information for operational decisions.
• D) Managers at the local/divisional level have access to better information for operational decisions.

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Definitions:

Petty Cash Voucher

A document used to record and manage small, immediate cash expenses.

Cash Short

A situation where the actual cash on hand is less than the expected amount, usually identified through the reconciliation process.

Cash Over

A situation where the physical cash on hand exceeds the expected amount based on accounting records.

Cash Short

A situation that occurs when the actual cash received is less than the amount expected or recorded, often reflecting errors or theft.