Which of the Following Is True of Technical Skills

question 45

Multiple Choice

Which of the following is true of technical skills?

• A) They encompass the ability to apply specialized knowledge.
• B) They are not required at all kinds of jobs.
• C) They are monopolized by professionals.
• D) They comprise the ability to understand and motivate people.
• E) They can be learned only through formal education.

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Definitions:

Profitability Index

A capital budgeting tool that measures the relationship between the present value of cash inflows and the initial investment, indicating the relative profitability of a project.

Cost of Capital

The rate of return a company must earn on its projects to maintain its market value and attract funding, often consisting of debt and equity costs.

Cash Flows

The aggregate sum of funds moving into and out of a company, particularly influencing its liquidity.

Internal Rate

The discount rate at which the net present value of an investment's cash flows equals zero, used to assess an investment's profitability.