The third step in the closing process is to transfer the balance in which of the following accounts to the permanent owner's equity account?
a. Revenue
b. Expense
c. Income Summary
d. Owner's Capital
c
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The difference between micro and macro level leadership is in the _________ and ___________.
a. definition; process b. level; scope c. type; focus d. performance level; definition
Which theory below is not considered a content theory?
a. Maslow’s hierarchy of needs b. Heinrich’s goal setting theory c. Herzberg’s two-factor theory d. McClelland’s need theory
Path-goal leadership theory does not include
a. Directive leadership b. Achievement-oriented leadership c. Empowerment leadership d. Participative leadership
The need for achievement is important for leaders and managers in all of the following countries EXCEPT
A. Great Britain. B. Canada. C. the United States. D. Japan. E. none of these.