Which of the Following Is an Impersonal Source of a Manager's

question 6

Multiple Choice

Which of the following is an impersonal source of a manager's authority?

• A) Functional authority
• B) Official position
• C) Law of the situation
• D) Talent and traits of the manager

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Definitions:

Standard Costing

A cost accounting method that uses standard costs for direct materials, labor, and overhead to help managers control costs by comparing expected costs to actual costs.

Isolating Variances

A process in managerial accounting for identifying and analyzing differences between actual and expected performance.

Direct Materials

Raw materials directly traceable and assignable to a manufactured product as it is being produced.

Direct Labour

The labor costs directly attributable to the production of goods or the provision of services.