A Technique to Improve Accuracy When Entering Data in a Worksheet

question 94

Multiple Choice

A technique to improve accuracy when entering data in a worksheet by controlling the type of data or the values that can be entered is called ________.

• A)Goal Seek
• B)Data validation
• C)Data protection
• D)What-If Analysis

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Definitions:

Direct-write Off Method

An accounting technique where uncollectible accounts receivable are written off directly against income at the time they are deemed nonrecoverable.

Material Impact

This term describes a significant effect or influence that certain actions or events can have on the financial health or operational outcomes of a business or project.

QBO Customers List

A feature within QuickBooks Online that stores and organizes information about a business's clients and their transactions.

Past Sales Transactions

Historical records of sales activities, documenting the details of transactions closed in previous periods.