A Coworker Makes the Comment, "It's Not What You Know

question 173

Multiple Choice

A coworker makes the comment, "It's not what you know, but who you know that counts around here." This coworker is referring to which of the following follower influencing characteristics?

• A) relative power position
• B) locus of control
• C) education and experience

Recognize and correct misuse of words.

Identify and correct spelling errors in English sentences.

Apply standards for the use of numbers in written text.

Understand and implement grammar standards in business writing.

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Definitions:

Interest Expense

The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.

Bond Premium

Bond Premium is the difference by which the price paid for a bond exceeds its face value, typically occurring when the bond's interest rate is higher than the current market rate.

Straight Line Amortization

A method of gradually reducing the cost value of an intangible asset over a fixed period of time through regular fixed payments.

Effective Tax Rate

The average rate at which an individual or a corporation is taxed, calculated by dividing the total tax paid by the taxable income.