Which of the Following Lists Contains Elements of the Definition

question 72

Multiple Choice

Which of the following lists contains elements of the definition of a small group given in your book?

• A) Sharing a common purpose,2 to 15 people,face-to-face interaction
• B) Members exert influence on others in the group,4 to 8 people,formal leader
• C) 3 to 15 people,sharing a common purpose,members feel a sense of belonging and they exert influence on each other
• D) Formal leader,3 to 15 people,members feel a sense of belonging

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Definitions:

Promissory Note

A financial instrument in which one party promises in writing to pay a determinate sum of money to the other.

Monthly Installment

A fixed payment made every month over a set period to repay a debt.

Accounting Equation

The fundamental formula in accounting that represents the relationship between an entity's assets, liabilities, and equity (Assets = Liabilities + Equity).

Liabilities

Financial obligations or debts that a company owes to others, payable in money, goods, or services.