What Is the Process of Removing Errors and Inconsistencies from Data

question 119

Multiple Choice

What is the process of removing errors and inconsistencies from data called?

• A) data cleansing
• B) data polishing
• C) data buffing
• D) data manipulation

Understand and apply the equity method for accounting for investments.

Prepare journal entries related to equity method investments including initial recognition, recognition of investee's net income or loss, and dividends received.

Calculate and defer gross profit on inter-entity inventory sales and recognize it appropriately in subsequent periods.

Determine the fair value of investments and adjustments for excess cost over book value attributable to specific intangible assets and goodwill.

---

Definitions:

Negative Reinforcement

A behavioral concept where the removal of an adverse stimulus strengthens a behavior or increases its likelihood of being repeated.

Operant Conditioning

A process of instruction where behaviors are adjusted by the application of reinforcements or deterrents.

Learned Association

The process by which two pieces of information, or a behavior and a response, are linked together through conditioning.

Response

A reaction to a specific stimulus or situation.