Management skills include all of the following, EXCEPT ______ skills.
a. technical
b. time management
c. interpersonal
d. decision-making
b. time management
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Answer the following statements true (T) or false (F)
1. Opportunities should be identified in the alternative evaluation stage of the decision-making process. 2. Analyzing the underlying causes of a problem or an opportunity is called diagnosis. 3. Women investors make trades much less often than men, do a lot more research, and have better returns on average. 4. When evaluating alternatives in decision making, you must assess cost and quality and also ask the question, "Is it simple?"
Most firms prefer to prepare the statement of cash flows after they have prepared the income statement and the balance sheet. In the preparation of the T-account work sheet, an error
a. often results from the partial recording of a transaction in which debits do not equal credits. b. usually becomes evident only on completion of the work sheet. c. requires the preparer to retrace each of the entries to discover the source of the error. d. all of the above. e. none of the above
A(n) ______________________________ is a computer-controlled machine that stores and retrieves parts and tools.
Fill in the blank(s) with the appropriate word(s).
In a process costing system, direct material costs incurred are recorded:
A. Directly to a Cost of Goods Sold account. B. Indirectly to a Work in Process Inventory account from Factory Overhead. C. Directly to a Finished Goods Inventory account. D. Directly to a Work in Process Inventory account. E. Indirectly to a Finished Goods Inventory account from Factory Overhead.