Which of the Following Represent Skills That Managers Need

question 7

Multiple Choice

Which of the following represent skills that managers need?

• A)Interpersonal & communication,conceptual & decision,and professional
• B)Technical,interpersonal & communication and conceptual & decision
• C)Professional,technical,and interpersonal & communication
• D)Conceptual & decision,professional and technical
• E)Professional,technical,and conceptual & decision

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Definitions:

LIFO Method

Last In, First Out, an inventory valuation method that assumes goods purchased last are the first to be sold.

Fiscal Year

A one-year period used for financial reporting and budgeting that may not correspond to the calendar year.

Net Realizable Value

The estimated selling price of goods, minus the cost of their sale or completion.

Dollar-Value LIFO

An inventory valuation method that uses the last-in-first-out (LIFO) principle, adjusted for changes in the dollar's value.