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

Familiarize with factors influencing decision-making complexity, including cultural, regulatory, and leadership elements.

Distinguish between different conditions of decision-making, such as certainty, risk, and uncertainty.

Comprehend the Information-processing styles and how they impact decision making.

Recognize and apply principles of risk assessment and probability in decision making.

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Definitions:

Working Capital

The difference between a company's current assets and current liabilities, indicating the short-term financial health and operational efficiency.

Expressed

Typically refers to something stated explicitly or in a clear manner, often used in the context of contracts or mathematical terms.

Ratio

The expression of a financial statement item or set of items as a percentage of another financial statement item in order to measure an important economic relationship as a single number.

Solvency

The ability of an entity to meet its long-term financial commitments and debts as they come due.