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1. Which of the following statements is false?

A. Most organizations have some operating units that are centralized and some that are decentralized

B.management control systems are used to measure the performance of an agent's decisions

C.The degree of decentralization depends on how many decisions principals delegate to agents

D. The military is a good example of an organization that is highly decentralized

2. Long range planning is a management function is more important

A.for line functions than staff functions

B.for staff functions than line functions

C. At middle management levels

D. At lower management levels

E. At top management levels

3. Do you controllability concept states that managers should be held responsible for

A. Fix compensation items, but not contingent compensation items

B. Only items that are allocated to their divisions on a per unit basis

C. Costs and revenues, but not investments in assets used in their division

D. All items over which they have decision-making authority

Financial Management, Finance

  • Category:- Financial Management
  • Reference No.:- M93056697

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