Which of the Following Is Not a Common Myth About

question 6

Multiple Choice

Which of the following is not a common myth about leadership development?

• A)Good leadership is all common sense.
• B)Leaders are born, not made.
• C)Leadership can only be taught.
• D)You can only learn leadership from experience.

---

Definitions:

Accounting Functions

The systematic process of recording, analyzing, summarizing, and reporting the financial transactions of a business.

Collateral

Assets pledged by a borrower to secure a loan or other credit, ensuring the lender can seize these assets if the borrower fails to repay.

C-Corporation

A C-Corporation is a business structure where the owners or shareholders are taxed separately from the entity, which is recognized as a legal entity under U.S. law.

Double Taxation

The imposition of taxes on the same income, asset, or financial transaction at two different levels, such as corporate earnings and shareholder dividends.