Daniel, the Relationship Manager of a Mutual Fund Company, Has

question 42

Multiple Choice

Daniel, the relationship manager of a mutual fund company, has the strength to understand his emotions clearly.He makes tough decisions by believing his "gut feelings." He knows how his emotions affect his work and hence, he acts carefully according to them.Which of the following qualities ofleaders does Daniel possess?

• A)Social awareness
• B)Self-awareness
• C)Relationship management
• D)Systems thinking

Recognize the importance of restating financial statements to a common accounting basis for comparison.

Calculate and interpret firm-specific ratios such as leverage, quick ratio, asset turnover, and inventory turnover.

Understand the concept and implications of globalization in economic, cultural, political, and technological contexts.

Recognize the roles and impacts of tariffs, quotas, and protectionist measures on global trade and national economies.

---

Definitions:

Accountant Liability

Accountant liability refers to the legal accountability of accountants to their clients and third parties for negligence, misconduct, or failure to follow professional standards.

Fraud

Willful misrepresentation aimed at obtaining an illicit or unearned gain, or to strip someone of their rightful legal privileges.

Negligence

A failure to behave with the level of care that someone of ordinary prudence would have exercised under the same circumstances, resulting in harm or damage.

Defenses

Legal strategies and arguments used in court to justify or excuse an individual's actions or to challenge the validity of a lawsuit.