Describe and explain the nature and types of decentralization.
Define and discuss responsibility accounting for investment centers and transfer pricing.
In the previous unit, you had an opportunity to research a potential business and job cost offering. In this assignment, you’ll research these ideas further and talk about types of decentralization, as well as accounting and transfer pricing.
Answer each of the following questions in 2-3 paragraphs. Use at least one outside source, and provide in-text citations, as well as a work cited page.
In your own words, explain decentralization. Explain how decentralization might help a business expand, as well as explain how decentralization could cause issues for a company. What are the pros and cons of decentralization?
Thinking about the business you researched in the previous lessons, how might responsibility accounting for investment centers and transfer pricing have worked in that industry? Would responsibility accounting be necessary? Why or why not?
