________ represent skills that are crucial to managers.
A. Technical, interpersonal and communication, and conceptual and decision
B. Selling and public relations, conceptual and decision, and professional
C. Professional, technical, and conceptual and decision
D. Professional, technical, and selling and public relations
E. Conceptual and decision, professional, and technical
Answer: A
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You are the high-level manager of a growing software company. One of your products, a new software program, is highly anticipated by many potential customers
However, you discover that the software has a major bug that will require upgrades and revisions later down the road. Rather than hiding the truth, you decide to speak up and disclose the software's ?aw to your customers. Since your goal is to have customers buy from you in the future, what kind of concern did you address? A) Legal. B) Ethical. C) Practical. D) None of the above.
The Transparent Agents Against Contracting Entities (TRACE) standard was developed to:
A. prevent multinationals from disguising personal payments as consulting fees. B. support and respect the protection of international human rights within their sphere of influence. C. serve as a formal agreement by a host of industrialized nations to outlaw the practice of bribing foreign government officials. D. prevent the shifting of corrupt practices to suppliers and intermediaries.
With a discount method single-payment loan, the entire interest charge is subtracted from the principal before you receive the money, and at maturity you repay the principal
Indicate whether this statement is true or false.
Your company uses the aging of accounts receivable method. Net credit sales are unchanged from last year, the year-end balance in Accounts Receivable is unchanged from the previous year's ending balance, and there were no write-offs during the current year. The company previously averaged about 20% of its total accounts receivable in the "over 90 days past due" category and now has 35% in this category at the end of the current year. The dollar amount of the adjustment to record Bad Debt Expense in the current year:
A. declines, thus increasing the ending balance of the Allowance for Doubtful Accounts account. B. increases, thus reducing the ending balance of the Allowance for Doubtful Accounts account. C. declines, thus reducing the ending balance of the Allowance for Doubtful Accounts account. D. increases, thus increasing the ending balance of the Allowance for Doubtful Accounts account.