Ngu Owns Equipment That Cost $93,500 with Accumulated Depreciation of $64,000

question 40

Multiple Choice

Ngu owns equipment that cost $93,500 with accumulated depreciation of $64,000. Ngu asks $35,000 for the equipment but sells the equipment for $33,000. Compute the amount of gain or loss on the sale.

• A) $5,500 loss.
• B) $3,500 gain.
• C) $5,500 gain.
• D) $3,000 gain.
• E) $3,500 loss.

Understand the core leadership styles and the decision-making process in the Vroom-Jago leadership model.

Recognize the importance of leadership in strategy and long-term planning, as demonstrated by real-world examples.

Identify different leadership styles, including the participating style in the Situational Leadership Model.

Understand the impact of situational factors on leadership style choice according to the Vroom-Jago model.

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Definitions:

Floyd Allport

A pioneering figure in social psychology who emphasized the importance of studying individuals in social contexts.

Behaviourist

Pertaining to the school of thought in psychology focusing on observable behaviors and how they're learned through interaction with the environment.

Behaviourism

A branch of psychology that focuses on observable behaviors rather than internal processes such as thoughts and feelings.

Social Modelling

The process by which individuals learn behaviors, skills, and attitudes by observing and imitating the actions of others.