An Advantage of Centralized Decision Making Is

question 11

Multiple Choice

An advantage of centralized decision making is:

• A)More motivated employees
• B)More rapid decision-making in all contexts
• C)Greater effectiveness in volatile environments
• D)Less monitoring of decisions

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Definitions:

Realized Gain

The profit made from the sale of an asset, which becomes evident upon completion of the transaction.

Fair Value

The estimated market price of an asset or liability, assuming knowledgeable, willing parties in an arm's length transaction.

Readily Marketable

Assets that can be quickly converted into cash with minimal impact on their price.

Management's Intent

The intentions or planned actions of a company's management, often related to investments, operations, or financial decisions.