You Conduct a Study to Assess Parenting Responsibilities

question 17

Multiple Choice

You conduct a study to assess parenting responsibilities. Part of your study involves recording if children are picked up by their mothers, fathers, or other individuals. You decide to gather this data on two different Fridays that are the first and third Fridays of the month. You discover that 67% of children are picked up from daycare by their father. Upon further examination, one of your observers points out that the first and third Fridays of each month are typically when fathers have their children with shared custody arrangements in your town. You realize both Fridays you collected data were on leading into those weekends. You realize your data may not be accurate because of:

• A) sampling bias
• B) sampling error
• C) inadequate sample size
• D) all of these factors impacted the lack of accuracy

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Definitions:

Errors And Fraud

Incorrect entries or intentional misstatements in financial statements, often leading to incorrect financial reporting.

Control Activity

Actions, policies, and procedures that are implemented to address risks and help ensure that management's directives are carried out.

Ordering Merchandise

The process of buying goods for sale, usually for a retail environment.

Accounts Receivable

Money owed to a company by its customers for goods or services that have been delivered or used but not yet paid for.