Which of the following refers to a person's ability to think in the abstract, to diagnose and analyze different situations, and to see beyond the present situation?

A) Human relations skills
B) Decision-making skills
C) Conceptual skills
D) Production skills
E) Technical skills


Answer: C
Explanation: C) Conceptual skills refer to the ability to think abstractly as well as diagnose and analyze different situations.

Business

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A. mobile Internet B. radio C. television D. outdoor E. magazines

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The management of Solar Corporation is considering the following three investment projects (Ignore income taxes.): Project LProject MProject NInvestment required$37,000 $55,000 $82,000 Present value of cash inflows 38,480 $62,150 $90,200 Rank the projects according to the profitability index, from most profitable to least profitable.

A. M, N, L B. L, N, M C. N, M, L D. N, L, M

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It is good practice to have the person who will be responsible for the major work tasks estimate the associated costs

a. True b. False Indicate whether the statement is true or false

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In February, one of the processing departments at Brandstetter Corporation had beginning work in process inventory of $24,000 and ending work in process inventory of $18,000. During the month, the cost of units transferred out from the department was $249,000. The company uses the FIFO method in its process costing system.In the department's cost reconciliation report for February, the total cost accounted for would be:

A. $267,000 B. $510,000 C. $42,000 D. $534,000

Business