Use the Following to Answer the Next Three Questions

question 63

Multiple Choice

Use the following to answer the next three questions:
A government entered into a capital lease agreement to acquire equipment for the general government on January 1, 2012. Five payments of $8,000 each are to be made, beginning on December 31, 2012. Discounting is at 6%, computed annually. The present value of the five payments is $33,699.
-On December 31,2012,the amount debited to Expenditures-Interest in the debt service fund would be:

• A) $8,000.
• B) $2,400.
• C) $2,022.
• D) $8,000

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Definitions:

Path-Goal Theory

A leadership theory that suggests leaders adjust their behaviors and styles to align with employee motivations, obstacles, and goals to enhance performance and satisfaction.

Path-Goal Theory

A leadership theory that suggests a leader's behavior is contingent to the satisfaction, motivation, and performance of her or his subordinates.

Leadership Styles

The different approaches and techniques used by leaders to motivate, direct, and manage teams and organizations, ranging from authoritarian to democratic and transformational.

Participating Style

A leadership approach involving employees in decision-making processes and considering their opinions.