_____ Is the Knowledge and Skills That a Worker Needs

question 141

Multiple Choice

_____ is the knowledge and skills that a worker needs to understand to make productive use of technology,whereas _____ is knowledge about how the world works that is used to produce goods and services.

• A) Technological knowledge;human capital
• B) Human capital;technological knowledge
• C) Technological knowledge;organizational skills
• D) Organizational skills;technological knowledge

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Definitions:

Activity Variance

The difference between what was planned in terms of activity levels or costs and what was actually achieved.

Administrative Expenses

Costs related to the general operation of a business, such as salaries of executive personnel and office supplies.

Client-Visits

The number of times clients come to a business location or are contacted for service purposes within a given time frame.

Activity Variance

The difference between the expected amount of activity and the actual activity level, often used in budgeting and forecasting.