At Which Step of the ETL Process Should You Try

question 32

Multiple Choice

At which step of the ETL process should you try to answer the question "Where are the data located in the financial or other related systems?"

• A) Step 1: Determine the purpose and scope of the data request.
• B) Step 2: Obtain the data.
• C) Step 3 or 4: Transformation.
• D) Step 5: Loading the data for data analysis.

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Definitions:

General Journal

A ledger in which all transactions are initially recorded, dated, and described.

Transposition Error

A common accounting mistake where figures are mistakenly reordered, leading to inaccurate entries and discrepancies in financial records.

Trial Balance

A bookkeeping worksheet in which the balances of all ledgers are compiled into debit and credit account columns to ensure their accuracy.

Journalized

The process of recording transactions in the accounting journals as part of the accounting cycle.