As Managers Move to Higher Organizational Levels,the Need for ________

question 82

Multiple Choice

As managers move to higher organizational levels,the need for ________ skills decreases,but the need for ________ skills continues to be equally important.

• A)human; technical
• B)technical; human
• C)human; conceptual
• D)technical; conceptual

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Definitions:

Other Expenses

Non-operating expenses that do not relate to the main operating activities of the business; they appear in a separate section on the income statement. One example given in the text is Interest Expense, interest owed on money borrowed by the company.

Income Statement

A financial statement that shows a company's revenues, expenses, and net income over a specific period.

Supplies Used

The cost of consumables used in the operation of a business during an accounting period.

Total Liability

The combined amount of debts and obligations that a company owes to outside parties.