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An important implication of expectancy theory for leadership is that:
Net Income
The residual income of a company once every expense and tax payment has been extracted from revenue.
Amortization Expense
The portion of the cost of an intangible asset that is allocated as an expense over its useful life.
Accrued Expenses
Expenses that have been incurred but not yet paid or recorded through the normal accounting process.
Net Income
The total profit or loss of a business after all expenses, including taxes and operating costs, have been deducted from revenues.
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