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IRISSAK [1]
1 year ago
9

On average, managers spend the least amount of time doing which managerial activity?

Business
1 answer:
Aleks [24]1 year ago
6 0

On average, managers spend the least amount of time doing the managerial activity is networking.

What is networking?

Networking is the technique  of making connections with respect  of the business environment. Managers very often  get involved in developing  relationships and making their own networks. They are accountable for monitoring and completing the given task in an effective  way. So, they basically  focus on many managerial activities like decision-making, planning things, communicating the required information, managing employees, etc.

Which managerial function is the most important?

The  most important function of management is Planning. Planning means  setting objectives in order to achieve , a goal in a limited time period .Several alternatives are formulated in order to achieve the goals.

Learn more about managerial activity:

brainly.com/question/26106218

#SPJ4

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guajiro [1.7K]

Answer:

as a footnote in financial statements or on the balance sheet

Explanation:

A loss contingency can be defined as the situation or occurrence in which there is uncertainty about an entity but that will be resolved when a/some future situation occurs or not.

Simply put, a loss contingency can be said to be loss of an entity that can be resolved later in future by the occurrence or not of an event.

When a loss can be reasonably estimated as seen from the question, it should be written as a footnote on a financial statement or on a balance sheet.

cheers.

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The unit of product is the cost object when the plantwide overhead rate method is used.
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