Which term represents the right to do something?

Prepare for the ACCA Accountant In Business (F1) Exam with flashcards and multiple-choice questions, including hints and explanations. Get ready for your certification!

Multiple Choice

Which term represents the right to do something?

Explanation:
The term that signifies the right to do something is authority. Authority implies that an individual or an organization has the recognized ability to make decisions, give orders, or take action within a specific context or framework. It often derives from a position or role within a structure, such as a workplace or governance, where the individual is invested with the power to enforce decisions or directives. In contrast, the other terms mentioned provide different nuances that do not pertain specifically to the right to act. Responsibility involves being answerable for actions or tasks, while accountability refers to the obligation to report, explain, or justify those actions to others. Power, while closely related to authority, usually connotes the capacity or ability to influence outcomes rather than a formal right to take action. Hence, authority is the term that most accurately captures the concept of having the right to perform specific actions or make certain decisions.

The term that signifies the right to do something is authority. Authority implies that an individual or an organization has the recognized ability to make decisions, give orders, or take action within a specific context or framework. It often derives from a position or role within a structure, such as a workplace or governance, where the individual is invested with the power to enforce decisions or directives.

In contrast, the other terms mentioned provide different nuances that do not pertain specifically to the right to act. Responsibility involves being answerable for actions or tasks, while accountability refers to the obligation to report, explain, or justify those actions to others. Power, while closely related to authority, usually connotes the capacity or ability to influence outcomes rather than a formal right to take action. Hence, authority is the term that most accurately captures the concept of having the right to perform specific actions or make certain decisions.

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