Which of the Following Is an Industry-Specific Skill

question 27

Multiple Choice

Which of the following is an industry-specific skill?

• A) Carl takes a course on using Microsoft Office,a commonly used operating system.
• B) Sam trains Craig on how to use a new machine in the factory.
• C) Mike obtains an engineering degree to become an engineer.
• D) Kara talks with her boss about the possible uses of a new word processor.
• E) Shelly exercises to stay healthy.

---

Definitions:

Goodwill

The intangible asset that arises when a company acquires another company for more than the fair value of its net identifiable assets.

Consolidated Balance Sheet

A financial statement showing the financial position of a company and its subsidiaries as one single entity.

Current Liabilities

Short-term financial obligations that are due within one year or within the normal business cycle of a company.

Consolidated Balance Sheet

A comprehensive financial statement presenting the total assets, liabilities, and shareholder equity of a parent company and its subsidiaries as a single entity.