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Management Finance - Part 1

Decentralisation in financial administration is most likely to improve:

Type: MCQ • Marks: 1
Decentralisation in financial administration is most likely to improve:
Options
A. Responsiveness to local operational needs
B. Complete uniformity of decisions
C. Central monopoly over every transaction
D. Elimination of accountability
Explanation
Decentralisation places decision-making closer to implementation, potentially improving responsiveness, flexibility and operational efficiency, provided adequate controls exist.
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UPSC Principal & Vice Principal Management Finance Administration

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