Inherent Risk for the Valuation or Allocation Assertion Will Be

question 50

Multiple Choice

Inherent risk for the valuation or allocation assertion will be high in the personnel services cycle when:

• A) employee turnover is low.
• B) factory workers are paid based on production.
• C) payroll checks are drawn from a separate imprest bank account.
• D) pay periods are weekly.
• E) employee absenteeism is minimal.

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Definitions:

Accidental Sampling

A non-probability sampling method where participants are selected based on coincidence or their availability, without any systematic criteria for inclusion.

Purposive Sampling

A non-random sampling technique where participants are selected based on specific characteristics or criteria relevant to the research question.

Quota Sampling

A sampling method where the sample is chosen to reflect certain characteristics of the population in proportion.

Subcultural

Pertaining to a group within a larger culture that differentiates itself from the larger culture through a unique set of beliefs, values, or behaviors.