The Process Where Raw Data Are Checked for Mistakes Made

question 43

Multiple Choice

The process where raw data are checked for mistakes made by either the interviewer or the respondent is known as _____.

• A) screening
• B) data validation
• C) editing
• D) coding
• E) data tabulation

Understand the concept and relevance of sales territories in different industries.

Grasp the principles of account analysis and its classification systems.

Analyze the inadvisability of sales territories in specific industries, like life insurance.

Comprehend the sales call allocation process within territory management.

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Definitions:

Accrued Salaries

Wages that have been earned by employees but have not yet been paid out.

Fixed Assets

Long-term tangible assets that are used in the operations of a business and are not intended to be sold within a year.

Average Collection Period

The average number of days it takes for a company to collect payments from its credit sales.

Collection Policy

The procedures and guidelines used by a company to monitor and manage the collection of debts owed to it.