Power That Is Based on One's Liking or Admiration for a Person

question 23

True/False

Power that is based on one's liking or admiration for a person is known as legitimate power.

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Definitions:

Cash Payments

Outflows of cash to settle obligations or purchase goods and services.

Voucher

A written authorization or proof of transaction that details the terms and conditions of a financial exchange or payment.

Liability

A financial obligation or amount owed by a business or individual to another entity.

Account Receivable

Funds that customers owe to a business for products or services they have received but have not paid for.