Research Design

a) Research Design
The research study entitled “Effectiveness of Automated Accounting Processes to Micro-

lending Businesses Amid Pandemic” is a quantitative research that attempts to accumulate
systematic process for obtaining quantifiable information and analyze it through the use of
statistics. The researchers employed the survey questionnaire design. The survey research
involved the use of questionnaire to gather data about the experiences and possible suggestions
towards the effectiveness of automated accounting processes in different fields. This design
measures the dependent variable at a subsequent time. The dependent variable in the study is the
respondents’ choice whether the automation of accounting process helps with the overall burden
that a micro-lending business encountered and the independent variable is the survey
questionnaire itself. The independent variable which is the survey questionnaire about the
services, effectiveness, uncertainty and deviation of the automated accounting process is
expected to have an effect to the dependent variable. The design determines the effect of the
dependent variable to the independent variable through providing a result in relation to the
research. This means that each respondent encounters the study’s experimental level which is the
survey questionnaires.
b) Respondents of the Study
The respondents of this study will be the micro-lending business owners or managers from
Lucena City. The micro-lending business owners and managers are selected for they know the
advantages and disadvantages encountered during the pandemic.
There will be 125 micro-lending business owners or managers who will be selected as samples
for the study. The study will be conducted at Lucena City, Quezon. It was chosen because the
research aims to help the local micro-lending business in operating their automated accounting
process for better efficiency and reliance on automation. Hence, a heterogeneous sample was
taken from the population that best represent their perception on the study. It is believed that the
respondents in this locale can truly give important information as they have the ability and
knowledge to answer the questions.
c) Sampling Design and Procedures
The participants of the study will be composed of 25 micro-lending business owners or

managers. They will be selected as source of information because they have the ability to express
their professional perception and opinions.
The study will use quota sampling in selecting the respondents. Two (1) respondents will
be chosen from each of the eleven barangays located at the town proper and the rest would be
filled up by the remaing barangay in Lucena City. If there would be shortages of respondents on
the specified barangays, the rest would be filled by the other barangays to reach a total of 25
respondents for the study. This number was arrived at based on Slovin’s formula as follows:
n = N
1 + N(e)2
= 318
1 + 318 (0.1)2
where: n = sample size
N = population
e = allowable error
The researcher used (0.1) Allowable Error to come up with a higher results of number of
respondents as based on the Slovin's formula. The larger the number of respondents, the more
accurate the research will be.
d) Assumptions or Hypotheses
Since micro-lending business owners and managers runs the micro-lending businesses, they can
provide an accurate data concerning the effectiveness of the automation of accounting process. It
is assumed that they are affected by the factors in their business environment. It is also assumed
that they are encountering problems relative to the automation.
e) Data Analysis Plan
To describe the profile of the respondents, frequency and percentage distribution will be used.
The processed data will be presented in the form of graphs. The formula for percentage is:
f
P= ×100
N
where: P = percentage
f = frequency count
N = number of responses
The other findings relative to the perception of the respondents on the factors affecting their
finance, the problems they encounter relative to the accounting departments of their business, its
impact on their financial status, and their suggestions will be presented using tables. Frequency,
weighted values, weighted mean, and ranking will be used to analyze them. The formula for the
weighted mean is:
WM=
∑f
∑ wv
where: WM = weighted mean
∑f = summation of frequency
∑wv = summation of weighted value

Research Design

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Research Design

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a) Research Design

The research study entitled “Effectiveness of Automated Accounting Processes to Micro-

b) Respondents of the Study

c) Sampling Design and Procedures

The participants of the study will be composed of 25 micro-lending business owners or

where: n = sample size

e) Data Analysis Plan

∑wv = summation of weighted value

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