Explain How the Data Validation Feature in Excel Helps in Increasing

question 30

Essay

Explain how the Data Validation feature in Excel helps in increasing spreadsheet quality.

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Definitions:

Sarbanes-Oxley Act

A U.S. law enacted in 2002 to protect investors by improving the accuracy and reliability of corporate disclosures made pursuant to securities laws.

Sole Proprietorships

A rephrasing of proprietorship; a business structure where a single individual owns and runs the business, bearing all profits and responsibilities.

Internal Controls

The policies and procedures used to safeguard assets, ensure accurate business information, and ensure compliance with laws and regulations.

Petty Cash

A small amount of cash on hand used for minor or incidental expenses.