Which of the Following Is NOT an Advantage of Decentralization

question 144

Multiple Choice

Which of the following is NOT an advantage of decentralization?

• A) provides training
• B) frees top management time
• C) works to achieve goal congruence
• D) supports the use of expert knowledge

Identify the effects of counter-offers, inquiries, revocations, and acceptances on the validity of an offer.

Analyze the importance of capacity, consideration, and intention in forming a contract.

Comprehend the significance and application of the postbox rule in contract law.

Recognize the implications of specific contract law cases and their contributions to the understanding of contract principles.

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Definitions:

Credit To Cash

A transaction in accounting where a credit sale is paid off, converting receivables into cash.

Accounts Payable

Liabilities of a business that represent money owed to suppliers or creditors for goods and services received.

Accounts Payable Subsidiary Ledger

A detailed record used to track amounts owed to suppliers or creditors separate from the general ledger.

General Ledger

A comprehensive ledger that contains all the financial accounts of a business, recording every transaction that occurs.