When Having to Have a Difficult Conversation with Upper Managers

question 98

Multiple Choice

When having to have a difficult conversation with upper managers, you can increase success by

• A) framing the issue in familiar language.
• B) not asking for further budget allocation.
• C) making sure you have just met your last deadline.
• D) taking an adversarial position.
• E) taking an advocacy position.

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Definitions:

Double-Declining-Balance

A method of accelerated depreciation that doubles the regular depreciation rate, reducing the value of an asset more quickly in its earlier years.

Salvage Value

The projected remaining worth of an asset upon the conclusion of its operational lifespan, frequently accounted for in determining depreciation.

Depreciation Expense

An accounting method allocating the cost of a tangible asset over its useful life.

Plant Assets

Durable physical assets employed in creating goods and services, including equipment, buildings, and machinery.