Centralized Organizations

question 67

Multiple Choice

Centralized organizations

• A)tend to have faster,more efficient decision making.
• B)attract more job candidates.
• C)put less pressure on higher level managers.
• D)can lead to large cost savings in purchasing operations.

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Definitions:

Net Realizable Value

Net Realizable Value is the estimated selling price of goods, minus the cost of their sale or disposal, representing the actual value of assets in terms of cash.

Estimated Future Returns

Projections or forecasts of the financial returns a company expects to receive from investments, assets, or business activities in the future.

End-Of-Period Accrual

Accounting adjustments made at the end of accounting periods to record revenues earned and expenses incurred but not yet recorded.

Sales Returns

Transactions where customers return previously purchased merchandise, leading to the reversal of revenue and reduction in sales figures.