Which of These Lists of Duties Is More Reflective of Managerial

question 85

Multiple Choice

Which of these lists of duties is more reflective of managerial tasks?

• A)creating vision and strategies
• B)problem solving
• C)long-term risk taking
• D)communication by word and deed

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Definitions:

Volume

Refers to the quantity of an item produced or sold over a specific period of time.

Calls

A financial instrument giving the holder the right, but not the obligation, to buy an asset at a specified price within a specific period.

Period Cost

Costs that are not directly associated with the production of goods and are expensed in the period they are incurred, such as administrative and selling expenses.

Variable Cost

Charges that adjust according to the volume of goods produced or sold, specifically materials and labor costs.