Which of the Following Statements Is True About Linked Accounts

question 20

Multiple Choice

Which of the following statements is true about linked accounts for the Payroll module -

• A)the Vacation Payable linked account is not required when all employees are salaried
• B)the Payroll linked bank account is not required when all employees have their pay cheques deposited directly to their bank accounts
• C)none of the linked accounts for Payroll are essential linked accounts that are required to finish the history
• D)the Advances Receivable linked account is an essential account (required to finish the history)

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Definitions:

Confidence Interval

A range of values, derived from sample data, that is likely to contain the value of an unknown population parameter with a specified degree of confidence.

Population Proportion

A measure that describes the fraction of individuals in a population having a particular trait or attribute.

Random Sample

A sample drawn from a population in such a way that every individual has an equal chance of being selected.

Quality Control

The process of ensuring that products and services meet customer expectations and compliance standards through consistent monitoring and regulation.