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A Managerial Competency Is a Skill-Based Capability That Contributes to High

question 163

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A managerial competency is a skill-based capability that contributes to high performance in a managerial job.


Definitions:

Standard Of Care

The degree of care and caution required by law, which a reasonable person should take in a specific situation.

Socioeconomic Character

Descriptive attributes of individuals or groups based on their economic and social position in society.

Unqualified Opinion

An opinion issued by an auditor that indicates that the financial records of a firm are an accurate reflection of the firm’s financial status.

Financial Records

Documents that contain information about an entity's financial transactions and status, such as balance sheets, income statements, and cash flow statements.

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