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The Process of Changing Data from Its Original Form to a Format

question 12

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The process of changing data from its original form to a format suitable to achieve the research objective is known as:


Definitions:

Employee Receivables

Amounts owed to a company by its employees, often due to overpayment or advancements.

Short-term Note Payable

A short-term note payable refers to a debt obligation that is due for repayment within a year or less.

Contingent Liability

A potential obligation that may arise depending on the outcome of a future event, not recognized on the balance sheet unless occurrence is probable and the amount can be reasonably estimated.

Estimated Liability

A potential financial obligation that may arise in the future, recognized in accounting based on probable expenditures.

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