The Human Resources and Payroll Cycle Is the Transaction Cycle

question 35

Multiple Choice

The human resources and payroll cycle is the transaction cycle that begins with

• A)processing the payment to the employees.
• B)the creation of the employee profile in the payroll master file.
• C)the employee performing work for the company.
• D)the hiring of personnel.

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Definitions:

Null Hypothesis

The hypothesis that predicts no interaction or association between variables, serving as the benchmark for statistical testing.

Null Hypothesis

The hypothesis that there is no effect or no difference, and any observed deviation from this is due to sampling or experimental error.

Level of Significance

A threshold used in hypothesis testing to determine if a result is statistically significant, often represented by the alpha (α) level.

Population Proportion

The ratio of members in a group to the entire population that share a particular characteristic.