Lower-Level Managers Who Possess Technical Skills Tend to Earn Less

question 115

True/False

Lower-level managers who possess technical skills tend to earn less credibility from their subordinates than comparable managers without technical know-how.

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Definitions:

Accounting Entry

A record in a company's financial accounts that documents a business transaction, affecting at least two accounts.

Inventories

Assets held for sale in the ordinary course of business, in the process of production for such sale, or in the form of materials or supplies to be consumed in the production process or in the rendering of services.

Carrying Amount

The amount at which an asset or liability is recognised after deducting any accumulated depreciation (amortisation), accumulated impairment losses and allowances thereon.

Fair Value

An estimate of the price at which an asset or liability could be exchanged in an orderly transaction between knowledgeable, willing parties in an arm's length transaction.