Frank Is Owner of a Home Electronics Store

question 35

Multiple Choice

Frank is owner of a home electronics store. He uses symbols and speeches to communicate company's vision to employees. He encourages his employees to bring new ideas to the table. He makes sure that he is available to listen to employees' concerns. Employees enjoy working with him. Frank is using _______leadership style to influence employees:

• A) Transformational
• B) Transactional
• C) Servant
• D) Narcissistic

---

Definitions:

Subsidiary Posting

The process of transferring details from the journal into subsidiary ledgers, which help in maintaining detailed information on individual account balances.

Cash Payments

Outflows of cash to settle obligations or purchase goods and services.

Equipment

Tangible property used in operations, such as machinery, computers, and furniture, which has a useful life longer than one fiscal period.

Accounts Payable

Liabilities or debts owed by a company to suppliers or creditors for goods or services purchased on credit.