When an employer does not have a sophisticated time-keeping system, it is valid to accrue a percentage of wages at end-of-period based on:a.  it is never valid to estimate an end-of-period adjustment.b.  a percentage based on the previous period's payroll (for example. 4 out of      5 days = 80% x prior payroll).c.  a percentage that external auditors provide the payroll clerk.d.  a percentage suggested by the IRS.

Principles of Cost Accounting
17th Edition
ISBN:9781305087408
Author:Edward J. Vanderbeck, Maria R. Mitchell
Publisher:Edward J. Vanderbeck, Maria R. Mitchell
Chapter3: Accounting For Labor
Section: Chapter Questions
Problem 13E
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When an employer does not have a sophisticated time-keeping system, it is valid to accrue a percentage of wages at end-of-period based on:
a.  it is never valid to estimate an end-of-period adjustment.
b.  a percentage based on the previous period's payroll (for example. 4 out of      5 days = 80% x prior payroll).
c.  a percentage that external auditors provide the payroll clerk.
d.  a percentage suggested by the IRS.

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