Data Processing Includes All of the Following Except

question 57

Multiple Choice

Data processing includes all of the following except

• A)verifying subsidiary ledger balances.
• B)changing customer addresses.
• C)removing inventory items no longer offered.
• D)adding the name of a new vendor.

---

Definitions:

Economies of Scale

The economic benefits that businesses gain from their size of operations, where the expense per unit of production typically lowers as the scale increases.

Increasing Returns

A situation in which an increase in the scale of production results in a disproportionate increase in output, usually leading to lower average costs.

Suffer Losses

occurs when a business or individual incurs expenses that exceed their revenues.

Long-run

A period of time in economics during which all factors of production and costs are variable, allowing for full industry adjustment.