According to the External Control View of Leadership,which of the Following

question 106

Multiple Choice

According to the external control view of leadership,which of the following factors would not be considered an external factor that might positively or negatively affect a firm's success?

• A) economic downturns
• B) governmental legislation
• C) outbreak of war
• D) company employee morale

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Definitions:

Journal Entry

A record of the transactions that occur within a company, entered into the accounting ledger reflecting debits and credits in order to maintain accurate financial statements.

Chart Of Accounts

An organized list of all accounts in the general ledger of a company, categorizing assets, liabilities, equity, revenues, and expenses.

Numbering System

An organized scheme for assigning unique identifiers to entities within a specific context or system.

Cash Account

A financial account that tracks the flow of cash transactions, including both receipts and disbursements.