The Need for Interpersonal and Communication Skills

question 25

Multiple Choice

The need for interpersonal and communication skills

• A) fades as a manager moves from the lower levels of an organization into the upper management arena.
• B) fades as a manager moves from the upper management arena to the lower levels of an organization.
• C) is important at every level of management.
• D) fades at the bottom.
• E) is important at the bottom only.

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Definitions:

Variable Overhead Efficiency Variance

A financial metric indicating the difference between the actual variable overhead costs incurred and the expected (or standard) costs, based on the efficient use of variable inputs.

Variable Manufacturing Overhead

Costs that fluctuate with the level of production output, such as utilities or materials that vary with production volumes.

Direct Labor-hours

The total amount of time spent by workers directly involved in the manufacturing of a product.

Variable Overhead Standards

The budgeted or standard costs associated with variable overheads, which are expected to change in proportion to different levels of production activity.