When Decision-Making Authority Is Concentrated in a Single Point,the Organization

question 57

Multiple Choice

When decision-making authority is concentrated in a single point,the organization is structured using

• A)delegation.
• B)formalization.
• C)complexity.
• D)centralization.
• E)span of control.

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Definitions:

Increase And Decrease

Refers to the upward or downward movement in financial metrics, operational quantities, or statistical values.

Balance Of An Account

The amount of money currently in an account, reflecting all credits and debits made.

Account

A record that summarizes all transactions related to a particular item, individual, or entity in the financial statements.

Title

Title refers to the legal right to own or possess something, such as real estate or an automobile, proving ownership through documents or deeds.