Verification of the Legitimacy of Year-End Unpaid Bonuses to Officers

question 54

Multiple Choice

Verification of the legitimacy of year-end unpaid bonuses to officers and employees can be accomplished by comparing the recorded accrual to the amount

• A) in the expense account.
• B) used in the prior period.
• C) authorized in the minutes of the board.
• D) paid in the subsequent period.

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Definitions:

Convenience Sample

A non-random sample selected because of its accessibility and ease of inclusion in the study, not representing the whole population accurately.

Judgment Sample

A sampling technique where the samples are selected based on the judgment of the researcher, rather than random selection.

Random Sample

A subset of a statistical population in which each member has an equal chance of being chosen, used to make inferences about the whole population.

Correlation

A metric that shows how much two or more variables move in relation to each other.