Management Finance - Part 1

Which of the following is the most appropriate distinction between centralisation and decentralisation?

Type: MCQ • Marks: 1
Which of the following is the most appropriate distinction between centralisation and decentralisation?
Options
A. Centralisation means absence of delegation
B. Decentralisation necessarily eliminates accountability
C. Centralisation concentrates decision authority, while decentralisation distributes decision-making closer to operational levels
D. Decentralisation means every employee has equal authority
Explanation
Decentralisation can improve responsiveness but requires suitable accountability and control mechanisms.
UPSC Principal & Vice Principal Management Finance Administration

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