For a Person to Be Recognized as Having a High

question 8

Multiple Choice

For a person to be recognized as having a high degree of political skill, he/she must have the ________.

• A) ability to make sacrifices for the betterment of others
• B) ability to submit to the demands made by others at all times
• C) ability to recognize that power in an organization does not translate into success
• D) ability to respect and consider the needs of others first
• E) ability to influence others to enhance their own objectives

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Definitions:

Current Ratio

An assessment ratio that evaluates how well a company can meet its obligations due within the next year, by dividing its current assets by its current liabilities.

Current Assets

Current Assets are assets that a company expects to convert to cash or use within one year, including cash, inventory, and accounts receivable.

Current Ratio

A financial ratio that measures a company's ability to pay off its short-term liabilities with its short-term assets, providing a snapshot of financial health.

Short-Term Debt Paying Ability

Measures a company's capacity to meet its short-term obligations using its current assets.