One of the Reasons That Many Managers Are Not Leaders

question 74

Multiple Choice

One of the reasons that many managers are not leaders is because they __________.

• A)lack the ability to influence others
• B)possess abnormally high levels of power
• C)create strong levels of trust with their employees
• D)lack a strong work ethic

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Definitions:

Job-order Costing System

A costing method that assigns costs to specific batches or lots of products, often tailor-made for customers.

Overhead Cost

Overhead cost refers to ongoing business expenses not directly tied to creating a product or service, such as rent, utilities, and insurance.

Work in Process

Represents goods that are in the process of being manufactured but are not yet complete.

Indirect Materials

Materials used in the production process that do not become an integral part of the final product and are not directly traceable to specific goods.