Who Executes a Power of Attorney

question 2

Multiple Choice

Who executes a power of attorney?

• A) A principal
• B) An agent
• C) A bank
• D) A notary public

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Definitions:

Purchasing Department

A division within a business that is responsible for acquiring goods and services needed for operations.

Standard Cost

A predetermined cost of manufacturing a product or providing a service, used for budgeting and performance evaluation.

Predetermined Cost

An estimated cost calculated in advance of production, used for budgeting and cost control purposes.

Negative Effects

Undesirable impacts or outcomes that result from a specific action, event, or set of circumstances.