In Terms of Importing Data from a Website,which of the Following

question 16

Multiple Choice

In terms of importing data from a website,which of the following is not true?

• A)Excel has had a Web query tool since at least version 2010,but this option has been greatly improved in Power Query.
• B)If you can see data of interest on a website,Power Query will always enable you to import the data into Excel.
• C)Some websites have what look like tables of data,obvious candidates for importing into Excel.But even the new Web query tools in Power Query are not guaranteed to be able to import such data; it depends on how the website was created.
• D)Once you find a URL with interesting data and you use Power Query to import the data,the steps to do so (navigate,edit,load)are basically the same as those for importing data from any other (non-Web)source.

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Definitions:

Cash Collection

The process of gathering and processing payments received from customers.

Prior Year

Prior year refers to the last completed fiscal or calendar year used as a reference point in financial and operational analysis.

Current GAAP

The most up-to-date set of Generally Accepted Accounting Principles that companies are required to follow when preparing financial statements.

Direct Method

A cash flow statement preparation approach that lists major categories of gross cash receipts and payments.