Match Each of the Following Scenarios with the Most Appropriate

question 22

Multiple Choice

Match each of the following scenarios with the most appropriate description.Some descriptions may be used more than once.
-Trixie is a senior software developer.Ten programmers report to her, and they would go to the end of the world for her.

• A)​leading but not managing
• B)​managing but not leading
• C)neither managing nor leading​
• D)​managing and leading

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Definitions:

Periodic Inventory System

An inventory system that updates inventory balance and cost of goods sold at the end of an accounting period, not continuously.

Economic Entity Assumption

An accounting principle that states a company and its owner(s) are separate entities for financial reporting purposes.

Expenses

Outflows or other uses of assets or incurrences of liabilities during a period from delivering goods, rendering services, or carrying out other activities.

Proprietorship

A business structure owned by a single individual who is responsible for its liabilities and entitled to its profits.