According to the Trait Model,the Attribute of Leadership That Helps

question 87

Multiple Choice

According to the trait model,the attribute of leadership that helps managers deal with uncertainty and make difficult decisions is:

• A) dominance.
• B) honesty.
• C) maturity.
• D) tolerance for stress.
• E) intelligence.

---

Definitions:

Direct Material

Primary raw materials directly incorporated into a finished product, an essential component in calculating the cost of goods sold.

Work in Process

Inventory that includes partially finished goods which are still in the production process.

Direct Materials Variances

The difference between the actual cost of direct materials used in production and the standard cost of those materials.

Standard Cost System

An accounting system that uses standard costs for valuing inventory and cost of goods sold, based on predetermined prices and rates.