Which of the Following Represents a Positive Response a Manager

question 28

Multiple Choice

Which of the following represents a positive response a manager can adopt when they have made a mistake?

• A) Cover up the mistake.
• B) Deny that any mistake has occurred.
• C) Blame someone else for the mistake.
• D) Avoid doing anything else, so as not to make the situation worse.
• E) See the mistake as a learning opportunity and handle the situation differently the next time it arises.

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Definitions:

Income Distribution

The way in which a country's total GDP is spread among its population, affecting economic inequality.

Limited Liability Partnership

A partnership in which some or all partners have limited liabilities, meaning they are not personally responsible for the debts of the business.

Closing Entry

A journal entry made at the end of an accounting period to transfer the balance from temporary accounts to permanent ones, prepping the books for the next period.

Withdrawn

Refers to the act of removing funds from an account or canceling a financial transaction or operation.