If XYZ Company Had $12 Million in Revenue and Net

question 32

Multiple Choice

If XYZ Company had $12 million in revenue and net income of $3 million,then its:

• A) expenses must have been $15 million.
• B) expenses must have been $9 million.
• C) assets must have been $12 million.
• D) assets must have been $3 million.

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Definitions:

Authentic Leader

A leader who is genuine, transparent, and ethical, and who leads with their true self.

Competing Preferences

Situations in which individuals or groups have differing desires or choices that are in conflict with one another.

Unethical Behavior

Actions or decisions that violate moral or professional principles, often for personal gain or advantage.

Competition For Rewards

A situation where individuals or teams vie for recognition, compensation, or other incentives offered for achieving certain goals or performance standards.