Which Type of Authority Refers to Employees' Belief in the Legality

question 52

Multiple Choice

Which type of authority refers to employees' belief in the legality of rules and the right of those elevated to positions of authority to issue commands?

• A) charismatic authority
• B) rational-legal authority
• C) traditional authority
• D) competitive authority

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Definitions:

Sales

The total amount of goods or services sold by a company during a specific period.

Maturity Date

The specified date on a financial instrument when the principal amount is due to be paid back or when an investment reaches its full value.

90-Day Note

A short-term debt obligation that matures or is due to be paid 90 days after its issuance.

Accrued Interest

Interest that has been incurred but not yet paid, typically recorded as an expense for the period it relates to.