The Owner Makes a Withdrawal from Aventis Company

question 3

Multiple Choice

The owner makes a withdrawal from Aventis Company.How does this transaction affect the accounting equation?

• A)The assets,liabilities,and equity remain the same.
• B)The assets decrease and equity decreases.
• C)The assets increase and liabilities decrease.
• D)The assets decrease and equity increases.

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Definitions:

Empowerment

The process of giving individuals or groups the power and authority to make decisions and act independently.

Citizenship Behaviors

Voluntary actions by employees that are not part of their formal job requirements but contribute to the overall effectiveness of the organization.

Leader-Member Exchanges

The quality of the relationship between leaders and their team members, which can significantly impact performance and job satisfaction.

LMX Theory

Leadership theory that emphasizes the relationships between leaders and individual members, focusing on the dynamics of trust and respect.