The Practice of Delegating Authority and Responsibility Is Referred to As

question 140

Multiple Choice

The practice of delegating authority and responsibility is referred to as:

• A) Centralization of authority.
• B) Standard costing.
• C) Management by exception.
• D) Decentralization.

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Definitions:

Cohesion

The act of forming a unified whole, often used to describe the sense of solidarity and togetherness among members of a group or community.

Feudal Societies

Societal structures in medieval Europe where the nobility held lands from the Crown in exchange for military service, and vassals were tenants of the nobles, while the peasants were obligated to live on their lord's land and give him homage, labor, and a share of the produce.

Estate System

A form of social stratification where rights and duties are ascribed based on hereditary nobility, clergy, and commoners, often related to feudalism.

Middle Ages

A period in European history from the 5th to the late 15th centuries, marking the transition from classical to modern times.