The Lazarus Company recorded the following adjustment in general journal format: 
Which of the following choices accurately reflects how this event would affect the company's financial statements?
Definitions:
Situational Factors
Elements that influence the effectiveness of a particular leadership style or management approach, depending on the context or environment.
Charisma
A personal quality that gives an individual influence or authority over large numbers of people, often associated with captivating and compelling leaders.
Trait Approach
An approach in psychology and leadership studies that suggests certain individual characteristics and qualities can make effective leaders.
Trait
A characteristic or quality that defines an individual and influences their behavior or attitudes.
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