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To find the days' payable,
Responsibility Centers
Responsibility centers refer to distinct segments or areas within a company for which individual managers are accountable for revenue, costs, or investments.
Responsibility Center
An organizational unit for which a manager is assigned responsibility over costs, revenues, or assets.
Cost Center
A division or department within an organization that does not directly generate profits but incurs costs, often evaluated for efficiency.
Decentralization
The distribution of functions, powers, people, or things away from a central location or authority, often to increase efficiency or responsiveness.
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