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A leader has key positive traits such as intelligence, self-confidence, determination, honesty/integrity, sociability, emotional intelligence, extraversion, and conscientiousness (refer to table 10.3). Refer to previous chapters of the text to explain why these traits are positive.
Cash Payments
Transactions that involve the immediate transfer of cash to settle a debt or purchase goods or services.
Acceptance
Acceptance in business refers to the agreement to the terms of a contract or an acknowledgment that a product or service meets the required standards.
Cash Receipts
Money received by a business during a given period, accounting for its cash inflow.
Cash Payments
Transactions that involve the outflow of cash from a company to settle dues such as expenses, debts, or purchases.
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