Which of the Following Is Not an Example of a Resource

question 126

Multiple Choice

Which of the following is not an example of a resource?

• A)​an office building
• B)​a product's price
• C)​the land plowed by a farmer in order to grow corn
• D)​the chief executive officer of a large corporation

Understand the concept and purpose of flexible budgets and their relationship to different levels of activity.

Develop skills in preparing manufacturing overhead responsibility performance reports and analyze variances.

Distinguish between fixed costs in master and flexible budgets.

Calculate and understand the implications of Return on Investment (ROI) for various business decisions.

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Definitions:

Charismatic Leadership

A leadership style characterized by an individual's ability to inspire and motivate followers through personal charm and persuasion.

Merits

The qualities of being particularly good or worthy, especially so as to deserve praise or reward.

Demerits

The negative points or marks received for poor performance or misconduct.

Leader-Member Exchange Theory

A theory that focuses on the relationship between leaders and their subordinates, proposing that the quality of these relationships influences many workplace outcomes.