MyBB 1.8.40 does not restrict which usergroup a limited Admin Control Panel user may assign when creating or editing users; the user module offers the Administrators group (gid 4) and its datahandler's verify_usergroup() unconditionally returns true. An admin holding only the delegated user-management permission can assign the Administrators group to an account and escalate to the full Administrator permission set.
Exploitability
AV:NAC:LAT:NPR:HUI:NVulnerable System
VC:HVI:HVA:HSubsequent System
SC:NSI:NSA:N8.6/CVSS:4.0/AV:N/AC:L/AT:N/PR:H/UI:N/VC:H/VI:H/VA:H/SC:N/SI:N/SA:NConfiguration