What Percentage of a Manager's Time Is Spent in Direct

question 47

Multiple Choice

What percentage of a manager's time is spent in direct communication?

• A) 20 percent
• B) 100 percent
• C) 50 percent
• D) 80 percent
• E) 40 percent

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Definitions:

Estimated Cost

An approximation of the financial expenses associated with a project, product, or service before it is fully realized.

Physical Inventory

A process of counting all the physical goods and inventory in a store or warehouse at a specific point in time.

Merchandise Sold

The total quantity of goods that have been sold by a business within a particular period.

Understated Inventory

A situation where the recorded amount of inventory is less than the actual inventory on hand, leading to distorted financial statements.