Which of the Following Is True of the Universe of Data

question 28

Multiple Choice

Which of the following is true of the universe of data?

• A) Maintaining the proper boundaries of the data universe is an ongoing effort throughout the investigation.
• B) After selecting a sample from the universe of data, conclusions are arrived at by using deductive reasoning.
• C) In most cases, forensic accountants have access to the entire universe of relevant data.
• D) It is often defined toward the end of the investigation.

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Definitions:

Task Allocation

The assignment of tasks or duties to different people or groups in an organization or project, often based on skills, availability, or workload balancing.

Division of Labour

The assignment of different parts of a manufacturing process or task to different individuals in order to improve efficiency and productivity.

Social Roles

The parts individuals play as members of a social group, which dictate their behavior, responsibilities, and expectations.

Correspondence Bias

The tendency to overattribute someone's actions to their personality or disposition while underestimating situational factors.