What Is an Asset

question 23

Multiple Choice

What is an asset?

• A)Mortgage payable
• B)An amount a company owes
• C)A resource a company owns
• D)None of these

---

Definitions:

Leadership Style

The manner and approach of providing direction, implementing plans, and motivating people within a leadership role.

Trait Approach

A perspective in psychology that focuses on the identification and measurement of specific personality traits to understand and predict human behavior.

Task Oriented

Focused on completing tasks and achieving objectives efficiently, often prioritizing work and goals over social or emotional considerations.

Implicit Leadership Theory

An approach that suggests individuals have preconceived notions about what qualities and characteristics constitute an effective leader.