During a Preliminary Check for Consistency,you Found a Respondent Had

question 126

Multiple Choice

During a preliminary check for consistency,you found a respondent had reported an annual income of less than $20,000,yet indicated frequent shopping at prestigious department stores such as Saks Fifth Avenue and Neiman Marcus.You are at the ________ step of the data-preparation process.

• A)coding
• B)data cleaning
• C)questionnaire checking
• D)editing

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Definitions:

Cash Operating Expenses

Expenses that a company incurs during its day-to-day operations that require cash outflow.

After-Tax Discount Rate

The net discount rate that takes into account the tax implications affecting the net cost of investments or capital projects.

Working Capital

Working capital refers to the difference between a company's current assets and current liabilities. It is an indicator of a company's operational liquidity and short-term financial health.

After-Tax Discount Rate

A discount rate that has been adjusted to reflect the impact of taxes.