Accounting Multiple Choice Question – 17 June 2024

Alex is a senior manager working for Lucy plc.

He has decided to delegate completion of an internal report to one of his subordinates.

In doing this, Michael is transferring to the subordinate…..?

Select ONE answer:

1. Authority, responsibility and power
2. Authority, accountability and power
3. Responsibility and authority
4. Power, responsibility and accountability

Show your workings to arrive at your answer, and explain and justify your reasons:

……………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………

This multiple-choice question is suitable for Accounting KS5 classes.

The answer is 1

1. Correct – Accountability cannot be delegated so (2) and (4) are incorrect. Some power must be transferred by delegation if the person is to be able to accomplish the task for which they have been given authority and responsibility.
2. Not correct
3. Not correct
4. Not correct

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