The Problem Resulting from Using Data in Employee Compensation Surveys

question 38

Multiple Choice

The problem resulting from using data in employee compensation surveys is known as

• A)employee discrimination.
• B)upward bias.
• C)systemic undervaluing.
• D)stereotyping of data.
• E)report bias.

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Definitions:

Internal Users

Individuals within an organization, such as management and employees, who use financial and other company information for decision-making purposes.

Accounting Data

Information related to financial transactions and events which are used in the preparation of financial statements.

Public Accountants

Professionals who provide accounting services to various clients, including individuals, businesses, and government entities.

Budgeting

The process of creating a plan to spend your money, forecasting future income and expenses over a specified period.