The Difference Between Authority and Power Is Which of the Following

question 48

Multiple Choice

The difference between authority and power is which of the following?

• A) Authority is the right to make a particular decision and power is the actual influence the institution has over that action.
• B) Authority is given and power is seized.
• C) There is no difference; they are perfectly interchangeable.
• D) Power describes the formal parameters of influence while authority describes the informal parameters of influence.

---

Definitions:

Actual Manufacturing Overhead Costs

The incurred expenses related to producing goods that are not directly tied to the product such as utilities, rent, and maintenance.

Overapplied Overhead

A situation where the allocated manufacturing overhead costs for a period exceed the actual overhead costs incurred.

Manufacturing Overhead Costs

All indirect costs associated with the production process, such as utilities, rent, and salaries for non-direct labor.

Actual Manufacturing Overhead Costs

The real costs incurred from indirect manufacturing expenses such as utilities, rent, and salaries not directly tied to production.