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"Here is list of holidays you can get paid for.Tania,you get seven paid,so you can pick the ones you want."
Use exhibit 4.5 to determine which number this manager would rate on the Leadership Continuum Model.
Prepaid Expenses
Payments made in advance for goods or services to be received in the future, recorded as assets on a balance sheet and expensed over time as the goods or services are consumed.
Costs Paid
Expenses that a company has incurred and settled through payment.
Cash Basis
An accounting method where revenues and expenses are recognized only when cash is actually received or paid out, ignoring receivables and payables.
Expense Recognition
The accounting principle that expenses should be recognized in the period in which they are incurred, regardless of when payment is made.
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