Managers in the 21st Century Must Be Capable of Doing

question 59

Multiple Choice

Managers in the 21st century must be capable of doing all of the following EXCEPT:

• A) attracting highly motivated workers and inspiring their enthusiasm by creating high-performance climates where individuals and teams can do their best work.
• B) sacrificing profitability goals for corporate social responsibility commitments.
• C) recognising interconnections among nations, cultures and economies in the world community, and planning and acting with due consideration of them.
• D) being comfortable with information technology, and understanding and using technological trends to the best advantage.
• E) understanding the growing complexity of governmental regulations and the legal environment, and being able to relate them to the organisation's interests.

Determine cash flows related to the acquisition and disposition of fixed assets.

Calculate and interpret free cash flow.

Recognize the treatments of specific items (e.g., depreciation, gains, and losses) in the statement of cash flows.

Understand the significance of the statement of cash flows in evaluating a company's financial performance and cash generation capabilities.