Identify the Entity Linked to Almost Every Other Entity in an REA

question 30

Multiple Choice

Identify the entity linked to almost every other entity in an REA diagram for HRM/payroll cycles.

• A) Employee
• B) Job title
• C) Payroll
• D) Worker I.D.

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Definitions:

Low-Value

Referring to items or activities that offer minimal benefits or importance.

Expected Value

The weighted average of all possible outcomes of a random variable, considering their probabilities.

High-Value

Pertaining to goods or services that possess great value, often in terms of quality, durability, or performance.

Vickery Auctions

Auctions where the highest bidder wins but pays the price bid by the second-highest bidder, encouraging true value bidding.