Which of the Following Is True Concerning Technical and Managerial

question 121

Multiple Choice

Which of the following is true concerning technical and managerial skills?

• A) Human skills remain necessary and technical- skill needs decrease as managers move to higher levels.
• B) Both human- skill and technical- skill needs decrease as managers move to higher levels.
• C) Technical- skill needs remain necessary and human skills decrease as managers move to higher levels.
• D) Human skills and technical skills remain equally important as managers move to higher levels.

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Definitions:

Acquisition Differential

The difference between the purchase price of an acquired company and the sum of its net assets' fair values.

Retained Earnings

The portion of a company's profit not distributed to shareholders as dividends but kept in the company to reinvest in its core business or to pay debt.

Cost Method

An accounting approach for investments, outlining that an investment is recorded at its acquisition cost, adjusting for any dividends received.

Deferred Tax Asset

An accounting term representing an asset that may be used to reduce any future tax liability originating from temporary timing differences between the accounting and tax treatment of transactions.