The difference between managers and leaders is that managers focus more on their goals, leaders are usually people who dare to take risks, while managers will focus on controlling risk.
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Leader is a leader who has several characteristics of personal leadership. A leader is able to take risks. The manager is in charge of managing his subordinates according to company. Some of the manager's power is obtained for controls several risks.
Answer:
Confirmation of accounts receivables is not required when the account information is immaterial.
An account is said to have immaterial information when the account doesn't reflect any important or relevant information that can affect the opinions or decisions of shareholders, potential investors or creditors of the company.
The auditors have the responsibility of deciding what information is relevant and important and what is immaterial
Answer:
Self assured and doesn't make the same mistake twice
Explanation:
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Answer:
Government resources
Explanation:
Factors of production are also known as inputs in the production process. They four in number and include land, entrepreneurship, capital, and labor.
- Land refers to the <u>natural </u>resources occurring beneath, above, and on earth's surface. They include minerals, fertile agricultural land, water, forests, air, gas, space for building, and many others.
- Capital refers to the resources required to start and run a business. It includes finances, technology, methodology, plants and machinery, among others.
- Labor is the human input in the production process. Human beings contribute skills, knowledge, energy, and time.
- Entrepreneurship is the mobilization and organization of all the other factors(land, capital, and labor) to start and run a successful business.