Technical Skills Are Especially Important for First-Line Managers and Become

question 32

True/False

Technical skills are especially important for first-line managers and become less important at higher levels of the management hierarchy.

---

Definitions:

Semiannual Interest

Interest that is computed and disbursed semi-annually, commonly linked with loans or bonds.

Journal Entry

A record of financial transactions entered in a journal, a fundamental part of the double-entry bookkeeping system.

Carrying Value

Carrying value, or book value, is the net amount at which an asset or liability is valued on a balance sheet, factoring in its original cost minus depreciation, amortization, or impairment costs.