A Personal Skill That Is Very Important in the Situational

question 73

Multiple Choice

A personal skill that is very important in the situational approaches to leadership is the ability to

• A)impose your will upon unwilling followers and make them conform to your goals.
• B)display self-confidence in the face of setbacks and make decisions despite uncertainty.
• C)have a high need for achievement and constantly strive for improvement.
• D)perceive the needs and goals of others and to adjust the leadership approach accordingly.
• E)have the intelligence to interpret vast quantities of information.

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Definitions:

Notes Payable

Written promises to pay a specified amount of money, usually including interest, at a future date; classified as liabilities.

Cash

Money in the form of coins or banknotes, especially that which is used to conduct transactions.

Adjusted Trial Balance

A list of all accounts and their balances after adjustments, used to compile financial statements and check for errors in journal entries.

Ledger Accounts

Individual financial accounts recorded in a ledger, providing a detailed record of all transactions affecting that account.