You are the Controller for ABC Company, which makes and sells products. You are filling in...

You are the Controller for ABC Company, which makes and sells products. You are filling in for the CFO of your company by making a presentation at a pre-planning meeting held at your company. Your topic is decentralization.

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Expert Solution

Meaning :

Decentralization is a form of organizational structure in which top management takes decision making responsibilities and manage daily operations of middle and lower level.

CFO role :

CFO manage or handle every little detail of finance of a company like accounting, planning and operation.
CFO always have a crucial point of view on financial decision.
CFO need to ensure that their must learn new skills and progress in their careers.
Their must be a clear communication between upper management and lower level management. Decentralization can also improve communication.

jeff jeffy answered 2 years ago

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