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According to John Kotter's Analysis of the Errors Managers Make

question 10

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According to John Kotter's analysis of the errors managers make when leading change, the first and potentially most serious of these errors is:

Understand basic accounting concepts such as debits, credits, and the normal balance of various types of accounts.
Be able to prepare and understand the purpose of a trial balance.
Identify and correct common types of accounting errors that affect the trial balance.
Comprehend the process of journalizing and posting transactions in the ledger.

Definitions:

Conscientiousness

A quality in a person that includes being orderly, trustworthy, and having a deep commitment to obligations.

Diligent

Showing careful and persistent work or effort in tasks or duties.

Disciplined

Showing a controlled form of behavior or way of working.

Five-factor Model

A personality model theorizing that five broad dimensions suffice to describe human personality: openness, conscientiousness, extraversion, agreeableness, and neuroticism.

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