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An accountant recognizes the impact of a business event as it occurs and accounts for it appropriately in which basis of accounting?
Reward Power
Refers to the influence one has by offering rewards or benefits for compliance or desired behaviors.
Informational Power
A form of power stemming from the ability to control access to information and knowledge, which can influence others' actions and beliefs.
Legitimate Power
Power derived from a formal position or role in an organization, allowing one to influence others based on authority.
Expert Power
The ability to influence others based on the possession of knowledge, skills, or expertise that is recognized and valued.
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