Which of the Following Statements Is True of a Democratic

question 22

Multiple Choice

Which of the following statements is true of a democratic leadership style?​

• A)​Leaders do not have ultimate authority and responsibility.
• B)Leaders fail to clearly define goals, responsibilities, and outcomes.​
• C)Followers have a high degree of discretionary influence.​
• D)Followers have little discretionary influence over the nature of the work.​

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Definitions:

Current Assets

Assets that a company expects to convert to cash, sell, or consume within one year or its operating cycle, whichever is longer.

Fixed Assets

Long-term tangible assets used in a company's operations that are not expected to be converted into cash within a year.

Current Liabilities

Short-term financial obligations that are due within a year or within the normal operating cycle of a business.

Indirect Method

A cash flow statement presentation method that adjusts net income for changes in balance sheet accounts to calculate cash flow from operating activities.