Improving Relationships with and Gaining Confidence from Managers and Peers

question 15

Multiple Choice

Improving relationships with and gaining confidence from managers and peers will help increase which of the following informal power bases?

• A) Referent power
• B) Coercive power
• C) Expert power
• D) Information power

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Definitions:

Sarbanes-Oxley Act

A law passed in 2002 by the U.S. government aimed at safeguarding investors by enhancing the truthfulness and consistency of corporate reporting.

Accountant-Client Privilege

A legal principle that protects the confidentiality of communications between an accountant and their client.

Confidentiality

The requirement to keep certain information private or secret, often observed in professional, legal, and personal contexts.

Common Law

A legal system characterized by judicial decisions that are cited as precedent, originating in England and forming the basis of the legal system in the US and other countries.