If You Use ____________________ View to Design Your Table Before

question 60

Short Answer

If you use ____________________ View to design your table before starting the data entry process, you will probably avoid some common data entry errors.

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Definitions:

Comparability

A characteristic of accounting information that allows users to analyze two or more periods of financial data or companies to identify trends and differences.

Timeliness

The degree to which information, actions, or events occur at a suitable or opportune time, particularly in contexts requiring promptness.

Interest Expense

The amount of interest payable on any borrowed funds.

Notes Payable

A written promise to pay a certain amount of money, usually bearing interest, by a specific date; it is a liability on the balance sheet.