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Explain Why the Terms "Manager" and "Leader" Are Not Interchangeable

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Essay

Explain why the terms "manager" and "leader" are not interchangeable.


Definitions:

December 31

The last day of the year in the Gregorian calendar, often used as the end date for annual financial statements.

Balance Sheet

A Balance Sheet is a financial statement that displays a company's assets, liabilities, and shareholders' equity at a specific point in time.

Net Cash Flow

The amount of cash generated and used by a company in a given period, calculated as cash inflows minus cash outflows.

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