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:

Expansionary Gap

A situation in an economy where total spending exceeds the production capacity, leading to inflationary pressures and a rise in output.

Effectiveness Lag

The time needed for changes in monetary or fiscal policy to affect the economy

Decision-making Lag

The delay between the identification of a need for a policy response and the implementation of the decision.

Recognition Lag

The time needed to identify a macroeconomic problem and assess its seriousness.