A Manager Who Considers Being to Be of Paramount Importance

question 72

Multiple Choice

A manager who considers being to be of paramount importance may be a driving force for taking steps to ensure that all members of a unit or organization behave ethically.

• A)self-controlled, restrained, and self-disciplined
• B)broad-minded and open-minded
• C)ambitious, hardworking, and aspiring
• D)imaginative, daring, and creative
• E)honest, sincere, and truthful

---

Definitions:

Chart of Accounts

An organized list of all the accounts used in a company's general ledger, categorized into assets, liabilities, equity, revenues, and expenses.

Ledger

A comprehensive collection of accounts where financial transactions are recorded, categorized, and summarized; an essential part of the accounting system.

Accounting Information System

A system used by businesses to collect, store, manage, process, retrieve, and report financial data for the purpose of informed decision-making.

General Ledger

A complete record of all financial transactions over the life of a company, used to compile financial statements.