What is the decision-making approach that allows managers at lower levels to make and implement key decisions pertaining to their areas of responsibility?
A)responsibility accounting
B)controllable accounting
C)decentralization
D)optimal strategic accounting

Question

Quizplus · Accepted Answer

Decentralization is the decision-making approach that allows managers at lower levels to make and implement key decisions pertaining to their areas of responsibility. It involves delegating decision-making authority to lower-level managers who have a closer knowledge of the specific issues and challenges within their areas of responsibility. It enables faster decision making and implementation and promotes innovation and creativity in problem solving.

What Is the Decision-Making Approach That Allows Managers at Lower