Nathan Is One of Six Real Estate Agents Assigned to a Local

question 46

Multiple Choice

Nathan is one of six real estate agents assigned to a local office.He is not especially good at planning or problem solving,but whenever someone needs a sounding board or has an issue to vent,Nathan is there to pay attention,nod his head,refrain from giving biased advice,and be supportive.Nathan is demonstrating the teamwork KSA of:

• A)conflict resolution.
• B)collaborative problem solving.
• C)communication.
• D)goal setting and performance management.
• E)planning and task coordination.

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Definitions:

Standard Costs

An accounting practice where predetermined costs are used for calculating the cost of production, often for budgeting and performance evaluation purposes.

Direct Materials Quantity Variance

The difference between the actual quantity of materials used in production and the standard amount expected to be used, multiplied by the standard cost per unit of material.

Actual Costs

Expenditures that a company incurs, as opposed to estimations or budgeted amounts.

Standard Costs

Predetermined costs for material, labor, and overhead used as benchmarks for measuring performance.