Which of the Following Is a Major Control Risk in the Payroll

question 17

Multiple Choice

Which of the following is a major control risk in the payroll area?

• A)Theft of inventory by staff
• B)Fictitious persons cashing pay cheques
• C)Contracts being awarded to relatives of employees
• D)Expenses being recorded as assets in order to manipulate earnings

Understand the concept of test reliability and its significance in measuring student ability or trait consistency over time.

Grasp the importance of test validity, including construct, content, and criterion-related validity, and recognize how these elements contribute to the effectiveness of tests.

Recognize the role of standardization in test administration and interpretation, ensuring fairness and accuracy in comparing scores.

Distinguish between different types of test scores, such as percentile scores and norm-based scores, and their implications for interpreting individual performance.

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Definitions:

Dispositions

Inherent qualities of mind and character that influence an individual's habitual responses and behavior.

Behavioral Perspective

An approach in psychology that focuses on observable behaviors and the ways in which they are learned, often through conditioning.

Reinforced

Strengthened or encouraged to persist, often through rewards or consequences in the context of behavior conditioning.

Fundamental Attribution Error

The tendency to underestimate situational influences and overestimate personal character traits when evaluating the behaviors of others.