Cleansed or Scrubbed Data

question 42

Multiple Choice

Cleansed or scrubbed data:

• A)Has had all viruses removed.
• B)Has had all fields standardized.
• C)Has had errors and problems fixed.
• D)Is data that has been stored in the data warehouse.

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Definitions:

Bank

A financial institution licensed to receive deposits, offer loans, and provide other financial services to its customers.

Collection Float

The time period between when a payment is made by a customer and when the funds become available to the recipient.

Cheques

Financial instruments that instruct a bank to pay a specific amount of money from a person's account to another individual or entity.

Processed

Refers to items or data that have been altered, refined, analyzed, or prepared through a series of actions for a specific use or purpose.