Derek Bonnell Is the Editor of a Leading Magazine

question 43

Multiple Choice

Derek Bonnell is the editor of a leading magazine.He rarely exerts positional powers and remains friendly with his subordinates.He also takes care to accommodate the personal needs of his subordinates as far as possible.Derek is a(n) ________ leader.

• A)supportive
• B)accommodating
• C)participative
• D)directive
• E)achievement-oriented

---

Definitions:

Flexible Budgeting

An approach in budgeting that allows for adjusting budget allocations based on varying levels of activity or output.

Unfavorable Variance

A situation where actual costs exceed the standard or budgeted costs, often indicating inefficiencies or increased expenses.

Favorable Variance

A financial term indicating that actual costs were lower or revenues were higher than planned.

Budgeted Amount

The projected costs or revenues allocated to a specific activity or period, based on estimates.