Identify the source of Authority under delegation of authority.

The correct answer is Option 2 - Formal Position.

Formal Position is the source of Authority under delegation of authority.

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.