Why Is Emotional Intelligence an Important Trait for Leaders to Have

question 33

Multiple Choice

Why is emotional intelligence an important trait for leaders to have?

• A)Leaders are empathetic.
• B)Leaders manage their emotions.
• C)Leaders are able to influence the feelings of others.
• D)All of the above.

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Definitions:

Expense Recognition

The principle that expenses are recognized when they contribute to the generation of revenue, not necessarily when the cash is paid.

Systematic Allocation

The process of methodically spreading costs or revenues over a specific period of time or among different departments or products.

Appraised Value

An estimation of the fair market value of a property, often conducted by a professional appraiser.

Balance Sheet

A financial statement that shows a company's financial position at a specific point in time, including assets, liabilities, and shareholders' equity.