Contingency Theory Is Concerned with ______ and _______

question 30

Multiple Choice

Contingency theory is concerned with ______ and _______.

• A) Leaders; followers
• B) Traits; situations
• C) Styles; situations
• D) Leadership; situations
• E) Traits; styles

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Definitions:

Transposition

An error in which the order of the digits is changed, such as writing $542 as $452 or $524.

Journalizing

The procedure of logging company transactions in a journal, forming a part of the cycle of accounting.

Debit

An accounting entry showing an increase in assets or expenses or a decrease in equity, liabilities, or revenue.

Credit

An accounting entry that increases liabilities or equity, or decreases assets, reflecting the value of transactions where goods, services, or cash are received.