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You have important clients in town who want to have dinner with you,but your mother has a plumbing leak and has asked you to come over and shut off the water until she can get it fixed tomorrow.You are experiencing
Raw Data
Unprocessed and unanalyzed information collected from observations, measurements, or responses, often the initial step before analysis or interpretation.
Conversion
The act of changing something into a different form or entity, often used in marketing to refer to turning prospects into customers.
Cash-Basis Accounting
An accounting method where revenues and expenses are recorded when cash is received or paid, rather than when earned or incurred.
Accrual-Basis
An accounting method where revenue and expenses are recorded when they are earned or incurred, regardless of when the cash is received or paid.
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