Management accountants need a wide variety of skills for their roles in organizations. these skills can be classified as either technical or nontechnical for each of the following skills, indicate whether it is a technical competency or a nontechnical competency for a management accountant. a. planning, budgeting, and forecasting b. leadership c. financial statement analysis d. adaptability e. strategic thinking f. change management g. investment decision making h. cost management i. technology j. internal financial reporting k. collaboration i. process improvement m. performance management n. customer service o. enterprise risk management p. decision analysis q. communication r. ethics s. internal controls t. business acumen

2. the language of price controls consider the market for rental cars. suppose that, in a competitive market without government regulations, the equilibrium price of rental cars is $58 per day, and employees at car rental companies earn $19.50 per hour. complete the following table by indicating whether each of the statements is an example of a price ceiling or a price floor and whether it results in a shortage or a surplus or has no effect on the price and quantity that prevail in the market. statement price control effect there are many teenagers who would like to work at car rental companies, but the minimum-wage law sets the hourly wage at $23.00. the government has instituted a legal minimum price of $87 per day for rental cars. the government prohibits car rental companies from renting out rental cars for more than $87 per day.

Manipulation manufacturing's (amm) standards anticipate that there will be 5 pounds of raw material used for every unit of finished goods produced. amm began the month of maymay with 8,000 pounds of raw material, purchased 25,500 pounds for $ 15,300 and ended the month with 7,400 pounds on hand. the company produced 4,9004,900 units of finished goods. the company estimates standard costs at $ 1.10 per pound. the materials price and efficiency variances for the month of maymay were:

Dan wants to start a supermarket in his hometown, and wants to get into the business only after finding out about the market and how successful his business might be. the best way for dan to gain knowledge is to: