Which of the Following Is a Quality of Managers

question 22

Multiple Choice

Which of the following is a quality of managers?

• A) They create vision and strategy instead of planning and budgeting.
• B) They use personal influence instead of the power of their position.
• C) They invest in people instead of investing in goods.
• D) They have expert minds rather than open minds.

Differentiate between the step-down and direct methods of cost allocation.

Calculate total department costs after service department costs allocations using step-down method.

Calculate total department costs after service department costs allocations using the direct method.

Apply cost allocation principles based on different allocation bases such as square footage, employee numbers, personnel costs, and labor hours.

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Definitions:

Marketing Implementation

The process of executing marketing strategies and plans to achieve marketing objectives.

Control Affects

Involves the impacts that control mechanisms have on the behavior and performance of organizations or systems.

Inputs

resources used in the process of creating goods or services, including time, labor, capital, and materials.

Information And Communication Outputs

the results or products of information and communication processes, including data reports, multimedia presentations, and other forms of disseminated knowledge.