Which of the Following Statements Accurately Describe the Search for Traits

question 42

Multiple Choice

Which of the following statements accurately describe the search for traits that characterize effective leaders?

• A) Certain personal traits do seem to identify successful leadership, although they must always be considered along with situational factors.
• B) Research indicates that physical traits such as height, weight, and physique have no relationship to leadership success.
• C) Some personal traits, such as drive, self-confidence, creativity, cognitive ability, business knowledge, motivation, flexibility, and honesty and integrity are considered to be important for leadership success.
• D) All of the above statements are accurate.
• E) None of the above statements are accurate.

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Definitions:

Petty Cash Receipts

Petty cash receipts are documents that record the disbursements made from a petty cash fund for small, incidental expenses.

FIFO

"First In, First Out," an inventory valuation method where goods first bought are the first to be sold, affecting the costs reported in the financial statements.

Gross Profit

The difference between revenue and the cost of goods sold before deducting selling, general, and administrative expenses.

Net Income

The net income of a company, which is calculated by deducting all costs and taxes from the total revenue.