Management Finance - Part 1

Delegation of authority does NOT ordinarily imply:

Type: MCQ • Marks: 1
Delegation of authority does NOT ordinarily imply:
Options
A. Transfer of some decision-making authority
B. Retention of ultimate accountability by the superior
C. Transfer of responsibility for organisational results entirely to the subordinate
D. Creation of an authority relationship
Explanation
A superior may delegate authority and assign responsibility, but ultimate accountability for delegated work generally remains with the superior.
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UPSC Principal & Vice Principal Management Finance Administration

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