True or False: Quantitative skills include negotiation and networking abilities.

Prepare for the FOB105 Financial Management Body of Knowledge Test. Utilize flashcards and multiple-choice questions with hints and explanations. Get exam-ready now!

The statement that quantitative skills include negotiation and networking abilities is false. Quantitative skills specifically refer to the capability to analyze numerical data, understand statistical concepts, and utilize mathematical methods to solve problems. These skills are essential for tasks such as budgeting, forecasting, and financial analysis, where precise numerical and analytical competencies are crucial.

On the other hand, negotiation and networking are categorized as interpersonal skills or soft skills. They involve communication, relationship-building, and the ability to influence others, which differ fundamentally from the analytical and data-driven nature of quantitative skills.

Thus, the correct assessment is that negotiation and networking do not fall under the umbrella of quantitative skills, making the statement false.

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