The Skills a Team Leader Requires Includes

question 25

Multiple Choice

The skills a team leader requires includes:

• A)flexibility, delegation, and collaboration
• B)communication, decisive decision making, and sensitivity
• C)communication, delegation, and decisive decision making
• D)sensitivity, flexibility, and communication

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Definitions:

Net Income

Net income is the total revenue minus total expenses of a business, showing the company's profit during a specific period.

Correcting Entries

Journal entries made to amend previously recorded transactions that were incorrect or incomplete.

Operating Cycle

The duration of time it takes for a company to purchase inventory, sell it to customers, and collect the cash from these sales.

Fiscal Year

A twelve-month period used for accounting purposes and preparing financial statements, which may or may not align with the calendar year.