31.Departmental income statements are prepared for service departments but not operating departments. 32.Departmental contribution to overhead is the amount of sales for that department less its...

31.Departmental income statements are prepared for service departments but not operating departments.

32.Departmental contribution to overhead is the amount of sales for that department less its direct expenses.

33.Departmental contribution to overhead is the same as gross profit generated by that department.

34.Decentralization refers to companies that have multiple locations.

35.In a decentralized organization, decisions are made by managers throughout the company rather than by a few top executives.