Which of the Following Is True Concerning the Three Managerial

question 97

Multiple Choice

Which of the following is true concerning the three managerial skills?

• A) Technical skills tend to be most important for middle-level managers.
• B) Conceptual skills are most important for lower-level managers.
• C) Human skills remain equally important to all levels of management.
• D) Technical skills increase and conceptual skills decrease in importance as a manager climbs the organizational chart.

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Definitions:

Cost Center

A segment within an organization that is responsible for incurring costs, without directly contributing to the company’s income.

Sales Journal

A record of sales transactions where credit sales are recorded.

Gross Profit

The financial metric that represents the difference between sales revenue and the cost of goods sold, before deducting overheads, payroll, taxation, and interest payments.

Profit Center

A branch or division of a company that is treated as a separate entity for the purpose of calculating its profitability.