_____ Is the Authority a Manager Has by Virtue of His

question 91

Multiple Choice

_____ is the authority a manager has by virtue of his or her position in an organization's hierarchy.

• A)Reward power
• B)Legitimate power
• C)Coercive power
• D)Referent power
• E)Virtual power

---

Definitions:

Semiannual Interest

Refers to the payment of interest on a loan or financial instrument every six months.

Bond Premium

The excess value of a bond above its face value in the marketplace.

Straight-Line Method

A depreciation method that allocates an equal amount of the depreciable cost of an asset to each year of its useful life.

Semiannual Interest

Interest that is calculated and paid twice a year.