Which of the Following Is NOT True About Managers with Line

question 39

Multiple Choice

Which of the following is NOT true about managers with line authority?

• A)they are permitted to make decisions about production
• B)they recruit and hire their own staff
• C)they are responsible for promotions and job assignments
• D)they are responsible for employee performance
• E)they manage their subordinates

Apply the concept of the lower of cost or net realizable value (NRV) in inventory valuation.

Understand the operational and financial considerations in selecting inventory systems (perpetual or periodic) and costing methods.

Calculate and interpret inventory turnover ratio and understand its implications on business efficiency.

Understand the priority of claims and expenses in the administration of an estate.

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Definitions:

Willpower

the ability to control or restrain impulses, making decisions based on reasons rather than emotions or desires.

Waypower

The means or ability to achieve one's goals, often through the identification and utilization of resources and strategies.

Affective

Pertaining to emotions or feelings, often describing aspects of human behavior or psychological processes that are emotional in nature.

Cognitive

Pertaining to the mental processes involved in gaining knowledge and comprehension, including thinking, knowing, remembering, and problem-solving.