Identify the source of Authority under delegation of authority.

Formal Position

The correct answer is Option (2) - Formal Position.

Formal positions within an organization, such as designated roles, job titles, or positions in the organizational hierarchy, are the primary sources of authority when delegating responsibilities and decision-making powers. This structure ensures that individuals receiving delegated authority understand the extent of their responsibilities and the limits of their decision-making power within the organization's formal framework.