During the Analysis Stage, Several Interrelated Procedures Are Performed to Summarise

question 62

Multiple Choice

During the analysis stage, several interrelated procedures are performed to summarise and rearrange the data. Which of the following shows the correct sequence?

• A) Data coding; data editing; data entry; data analysis
• B) Data coding; data entry; data editing; data analysis
• C) Data editing; data coding; data entry; data analysis
• D) Data editing; data entry; data coding; data analysis

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Definitions:

Spread

Spread can refer to the difference between the bid and ask prices of financial instruments or the difference between interest rates on two different investments.

Trade Credit

A business arrangement where a buyer is allowed to purchase goods or services and pay the supplier at a later scheduled date, often used to finance short-term operational needs.

Consumer Credit

A type of credit granted to consumers to finance personal purchases.

Retail Credit

An arrangement where retailers offer direct credit facilities to their customers for the purchase of goods and services.