Which of the Following Statements Is True About Successful Leaders

question 61

Multiple Choice

Which of the following statements is true about successful leaders in emerging economies?

• A) They focus on planning and communication and strive, along with those who work for them, toward the common good.
• B) They tend to be global thinkers and are concerned primarily with long-term planning.
• C) They refrain from using a hands-on approach to supervising employees.
• D) They focus on the operational process and on monitoring individual performances.

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Definitions:

Machine-Hours

A measurement of the amount of time a machine is operated, used as a basis for allocating machine-related costs to products.

Job-Order Costing

An accounting methodology that assigns costs to specific production batches or jobs, useful for custom or unique products.

Unit Product Cost

The calculated cost of a single unit of product that includes direct materials, direct labor, and manufacturing overhead.

Predetermined Overhead Rate

A rate used to allocate manufacturing overhead costs to products or job orders, calculated before the period begins based on estimated costs and activity levels.