Which of the Following Is NOT One of the Three

question 147

Multiple Choice

Which of the following is NOT one of the three contingencies of effective leadership?

• A) leader
• B) followers
• C) situation
• D) management style

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Definitions:

Debits

Entries made on the left-hand side of an accounting ledger, typically indicating increases in assets or expenses or decreases in liabilities, equity, and income.

Credits

Entries in accounting that represent the transfer of value and can decrease assets or increase liabilities and equity.

Account Balance

The amount of money in a financial repository at any given time, which can be a positive or negative value.

Chart of Accounts

An organized list of all the financial accounts in a company's accounting system.