Which of the Following Statements Is False

question 153

Multiple Choice

Which of the following statements is false?

• A) Managers often work more than forty hours a week.
• B) Managers are responsible for coordinating the organization's resources.
• C) Under the government wage regulations, managers must be paid overtime for work in excess of forty hours a week.
• D) To be effective, managers must lead and motivate.
• E) Typically, the number of hours a manager works increases as he or she moves up the corporate ladder.

---

Definitions:

Gross Profit

The difference between sales revenue and the cost of goods sold before deducting operating expenses, interest, and taxes.

Period

A specific duration of time used for financial reporting and analysis, typically a fiscal quarter or year.

Cost of Goods Sold

Direct expenditures linked to the creation of goods sold by a business.

Calculate

To determine something mathematically, such as a sum, total, or other numeric value.