How Is the Payroll and Personnel Cycle Different from Other

question 65

Multiple Choice

How is the payroll and personnel cycle different from other cycles?

• A) Transactions are more significant than related balance sheet accounts.
• B) Internal controls for payroll are effective for most companies.
• C) There is only one class of transactions.
• D) all of the above

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Definitions:

Weak Disposition

A tendency or inclination to behave in a certain way that is perceived as lacking in strength, confidence, or decisiveness.

Critical Thinking

Thoroughly exploring and critiquing a problem in order to reach a determination.

Preconceptions

Ideas or opinions formed before having evidence for their truth or usefulness, often influencing new information interpretation.