Which of the Following Is Not a Step in the Data-

question 39

Multiple Choice

Which of the following is not a step in the data- preparation process?

• A) transcribing
• B) select a sampling technique
• C) data cleaning
• D) editing

---

Definitions:

Merchandise

Goods that are bought and sold in the course of business operations, typically in a retail or wholesale context.

Credit Terms

The conditions under which a seller extends credit to a buyer, including the repayment time frame and any interest or discounts.

Trade Discount

A reduction in the listed price of a product or service, offered by a seller to a buyer in the business-to-business market.

Acid-Test Ratio

A financial metric that assesses a company's ability to pay off its short-term liabilities with its most liquid assets, excluding inventories.