Vu Tries to Maintain Strict Control Over the Spring Festival

question 105

Multiple Choice

Vu tries to maintain strict control over the Spring Festival planning committee. He insists on controlling the direction and outcome of the committee's discussion. Which leadership style is Vu using?

• A) democratic
• B) autocratic
• C) situational
• D) laissez-faire
• E) aristocratic

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Definitions:

Cash Flow Statement

The cash flow statement is a financial document that shows how changes in balance sheet accounts and income affect cash and cash equivalents, breaking the analysis down to operating, investing, and financing activities.

Dividends

A portion of a company's earnings that is paid to shareholders as a distribution of profits.

Balance Sheet

A report detailing a firm's assets, liabilities, and owners' equity at a certain moment.

Retained Earnings

The portion of a company's profit that is held or retained and not paid out as dividends to shareholders, often used for reinvestment in the business or to pay down debt.