Data Becomes Information When Which of the Following Happens

question 144

Multiple Choice

Data becomes information when which of the following happens?

• A)the data are actually used in a business situation
• B)the data are processed, organized, and presented
• C)the data are bought by someone else
• D)the data are published in a newspaper or magazine

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Definitions:

Cash Disbursements

The outflow of cash for expenses or investments, typically detailed in a financial planning or accounting report.

Goods Purchased

Items bought by a company for resale or use in production, contributing to inventory.

Variable Selling Expenses

Costs that fluctuate in direct proportion to changes in sales volume, such as commissions and shipping charges.

Administrative Expenses

Costs related to the general operation of a business, such as salaries of executive personnel, accounting, and human resources.