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Leaders who are high on initiating structure play a passive role in directing group activities and often fail to plan activities.
Sales Salaries Payable
An account representing the salaries owed to sales staff that have been incurred but not yet paid.
Cash Payments
Refers to transactions where cash is paid out by the business, such as to suppliers, employees, or for other expenses.
Current Year
The ongoing year or the period of time that is presently being accounted for in financial or calendar terms.
Cash Dividend
A payment made by a corporation to its shareholders, usually in the form of cash, as a share of the company's profits.
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