Indicate whether each of the following statements about decentralization is true or false.
_____ a) Decentralization of an organization means that the organization has operations in many different places.
_____ b) Decentralization allows local managers to make more decisions.
_____ c) Decentralization means delegating authority to managers and holding them responsible for their performance.
_____ d) Investment centers tend to appear in the upper levels of a company's organization chart.
_____ e) Managers of investment centers are accountable for assets, liabilities, and earnings.
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