A Manager in the Quality Control Division Makes the Following

question 304

Multiple Choice

A manager in the quality control division makes the following statement: "Our company's employee handbook makes it clear that the company's performance depends on effective leadership, and that all leaders at our company have managerial authority. Since my position as a manager in the quality control division clearly gives me managerial authority, I must be a leader in this company, and my leadership will guarantee the company's strong performance." The manager's argument assumes all of the following except which?

• A) The employee handbook is a reliable source of information.
• B) All managers are leaders.
• C) All leaders are effective leaders.
• D) Effective leadership is all the company needs for strong performance.
• E) The manager was chosen for his position because of his leadership skills.

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Definitions:

Total Assets

The sum of all current and non-current assets owned by a company, showing the total value of what a company owns or controls.

Depreciation

The systematic allocation of the cost of a tangible asset over its useful life, reflecting wear and tear or obsolescence.

Group Depreciation Method

An accounting method that applies a single depreciation rate to a group or pool of assets with similar characteristics and useful lives, instead of depreciating each asset individually.

Depreciation Rate

The percentage rate at which an asset is depreciated across its useful life, essentially spreading its cost over time.