Examlex
When using primary data,what steps must be taken to ensure that the data quality is high,both during data entry and during data cleaning stages? What technologies facilitate both?
Bank Reconciliation
The procedure of aligning the balances found in an organization's financial records for a cash account with the similar data on a bank statement.
Recorded Incorrectly
Refers to transactions or entries that have been documented in an erroneous manner within the financial records.
Cash Equivalents
Short-term, highly liquid investments that are readily convertible to known amounts of cash and have original maturities of three months or less.
Commercial Paper
An unsecured, short-term debt instrument issued by corporations, typically for the financing of accounts receivable, inventories, and meeting short-term liabilities.
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