From Which Source Does Legitimate Power Within an Organization Come

question 24

Multiple Choice

From which source does legitimate power within an organization come?

• A)Expert remembering
• B)Perceived ability to reward others
• C)Formal job position
• D)Charisma and personal charm

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Definitions:

Selling Prices

The set price at which goods and services are sold to customers, determined by factors such as cost, competition, and demand.

Ending Inventory

The cost of merchandise ready to be sold at the close of an accounting cycle, found by taking the initial inventory, adding purchases, and subtracting the cost of goods sold.

Inventory Valuation

The method used to assign a monetary value to inventory, which affects the cost of goods sold and gross profit.

Weighted Average

A calculation that takes into account the varying degrees of importance of the numbers in a data set, often used in cost accounting.