The basic assumption of the trait approach is that
A) anyone can be trained to lead. B) managers need to develop certain traits before they can lead others. C) some people are naturally born leaders. D) followers need to respect their leaders if they are to be successful.
C
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Notification by the bank that a deposited customer check was returned NSF requires that the company make the following adjusting entry:
A. debit Miscellaneous Expense, credit Account Receivable B. debit Cash, credit Accounts Receivable C. debit Accounts Receivable, credit Cash D. debit Accounts Payable, credit Cash
Variation in personal tax rates and transaction costs across both investors and securities may differentially affect the values of corporate securities
Also a firm faces substantial transaction costs in issuing securities, which may inhibit its ability to undertake otherwise profitable capital investments. These are examples of the violation of which of the assumptions of an ideal capital market? a. Capital Markets are frictionless b. Homogeneous expectations c. Atomistic competition d. The firm has a fixed investment program e. Once chosen, the firm's financing is fixed