If There Is an Aspect of Your Job That You

question 30

Multiple Choice

If there is an aspect of your job that you find difficult or dull, you should:

• A) keep putting it off; eventually, it will be irrelevant.
• B) devote more time to it than other aspects of your job, regardless of its relative importance.
• C) where possible, delegate the task to a member of your team who is willing and able to do it for you.
• D) resign and look for another position.
• E) do the task poorly, and simply accept that you did your best.

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Definitions:

Cash Basis

An accounting method where revenues and expenses are recognized only when cash is received or paid out, respectively.

Internal Rate

This term might be incomplete or unclear; however, it is possibly referring to the internal rate of return (IRR), which is a metric used in financial analysis to estimate the profitability of potential investments.

Discount Rate

The rate of return that is used to find the present value of a future cash flow.

Cash Outflows

The total amount of money being spent by a business, commonly on expenses like rent, materials, payroll, and other operational costs.