When Importing Text Data, You Need to Identify the Type

question 680

Multiple Choice

When importing text data, you need to identify the type of data in the imported file as delimited or ____.

• A) spiral
• B) nested
• C) serif
• D) fixed width

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Definitions:

FOB Destination

A shipping term indicating that the seller retains ownership and responsibility for goods until they are delivered to the buyer’s location, at which point the buyer takes ownership.

Sale Recorded

The process of documenting a sale transaction in the financial books of a company, recognizing revenue.

Deposits in Transit

Funds that have been received and recorded by a company but not yet by its bank.

Bank Reconciliation

Process of verifying the accuracy of both the bank statement and the cash accounts of a business.