Colin Has Been Hired by a Restaurant Chain for a Co-Op

question 14

Multiple Choice

Colin has been hired by a restaurant chain for a co-op term. The restaurant owner wants Colin to take the sales results from each day for each location and create organized reports. The owner wants to make decisions but at the moment does not have the results in a form he can understand. What form are the sales results in that Colin will use to create organized reports?

• A)nonspecific information  
• B)processed data  
• C)raw data  
• D)perceived knowledge

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Definitions:

Certified Check

is a check for which the issuing bank guarantees availability of funds by verifying the account's balance and then setting aside the check amount.

Cashier's Check

A check issued by a bank, drawn on its own funds rather than that of a personal account, and signed by a cashier.

Drawer's Liability

Refers to the obligation of the drawer (the person who writes a cheque or draft) to ensure the availability of funds in the account for the amount specified for payment to the payee.

Misrepresentation Claim

A legal assertion that one party has made false statements that another party relied on to their detriment.