Which of the Following Qualities Is Not Necessary for a Person

question 118

Multiple Choice

Which of the following qualities is not necessary for a person to be an effective follower

• A)commitment to a purpose outside of themselves
• B)aspirations of leadership
• C)courage, honesty and credibility
• D)build confidence and focus efforts
• E)manage themselves well

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Definitions:

Total Liabilities

The combined amount of obligations a company owes to external parties, including loans, accounts payable, mortgages, and other debts due within one year or beyond.

Owner's Equity

The residual interest in the assets of the entity after subtracting liabilities, representing the owner's claim on the business assets.

Total Assets

The sum of all assets owned by a company, including cash, investments, property, and equipment.

Period Of Time

A specific duration or length of time during which an event occurs or a condition exists.