The ______ approach to leadership attempts to identify distinctive characteristics that account for the effectiveness of leaders.
A. attribute
B. quality
C. behavior
D. trait
E. contingency
D. trait
Trait approaches to leadership attempt to identify distinctive characteristics that account for the effectiveness of leaders.
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The amount of expired factory equipment insurance is adjusted by
a. debiting Factory Overhead and crediting Prepaid Insurance. b. debiting Equipment Insurance Expense and crediting Factory Overhead. c. debiting Prepaid Insurance and crediting Equipment Insurance Expense. d. debiting Prepaid Insurance and crediting Accounts Payable.
Both the SEC and the PCAOB require management to use the COSO framework for assessing internal control adequacy
Indicate whether the statement is true or false
Quality Heating Company has the following liabilities at year end: Notes Payable $20,000 Accounts Payable 15,000 Unearned Contract Revenue 9,000 Wages Payable 2,900 Interest Payable 700 a. Which of these accounts probably was/were created at the end of
the fiscal year as a result of an accrual? Which probably was/were adjusted at year end? Explain your answer. b. Which adjustments probably reduced net income? Which probably increased net income? Explain your answers.
Kyle Inc manufactures automobiles. In recent past, the company started buying brake shoes from an external vendor. Which of the following decisions was made by the company in this example?
A) Special order decision B) Segment profitability decision C) Make-or-buy decision D) Sales mix decision