Solution
1) Which of the following is a responsibility that is common to the managers of cost, profit and investment centers - Controlling Costs
Controlling costs is a responsibility that is common to the managers of cost, profit and investment centers.
2) Companies in which owners or top executives make all of the planning directing and controlling decisions are what companies – Centralized Company.
Centralized company is a company in which major planning and controlling decisions made by the top management.
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