Match the Items Below with Their Descriptions

question 3

Multiple Choice

Match the items below with their descriptions:
-know exactly what you want to communicate before giving an order; ask rather than tell, but leave no doubt that you expect compliance; be considerate but never apologetic when asking someone to do a job; take responsibility for the orders you give; give people the opportunity to ask questions and express opinions; follow up to make sure assignments are being carried out properly

• A)equally important at all levels of management
• B)important leadership skill
• C)one of the most important skills of the successful leader
• D)rules for effective delegation
• E)successful leader
• F)proven principles for assigning work effectively
• G)overpromotion syndrome

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Definitions:

Notes Payable

Liabilities represented by formal agreements or promissory notes to pay specific amounts of money at designated times.

Interest Payable

The amount of interest expense that has been incurred (accumulated) but not yet paid as of a specific date.

Interest Expense

The cost incurred by an entity for borrowed funds, typically reported on the income statement.

Accrued Liability

Liabilities recognized on the books before they’re paid for, representing expenses that have been incurred but not yet settled in cash.