Which statement is not true?

Accounting / Accounting MCQs — Multiple-choice practice

کون سا بیان سچ نہیں ہے؟

  1. A. If an employee is given the responsibility for a task, that employee should be given authority to make decisions within the limits of that task
  2. B. The detail provided to employees is a function of the employee’s position within the firm
  3. C. All of the above are true
  4. D. Authority refers to an individual’s obligation to achieve desired results

Correct answer

Authority refers to an individual’s obligation to achieve desired results

Explanation

Explanation Authority refers to the power or right to make decisions, give orders, and enforce rules, not the obligation to achieve results. Responsibility refers to an individual’s obligation to achieve desired results.

Continue with Accounting MCQs MCQs, explore all Accounting topics, or try the Accounting MCQs practice quiz.

More Accounting MCQs questions

Found an error? Report a correction with this page URL and a supporting source.