Comparison Analysis Involves the Process of

question 128

Multiple Choice

Comparison analysis involves the process of

• A) comparing the content of computer files in order to determine any differences between them.
• B) determining the content of files and electronic communications.
• C) locating and extracting data of interest from computer-storage devices.
• D) converting data from one format to another.

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Definitions:

Accounts Receivable

Funds that are due to a company from its clients for products or services delivered but for which payment has not been received.

Net Sales

The total revenue from goods or services sold by a company after deducting returns, allowances for damaged or missing goods, and discounts.

Receivables Turnover Ratio

An accounting measure utilized to quantify a firm's effectiveness in extending credit and collecting debts on that credit.

Bad Debt Expense

The cost recognized by businesses for accounts receivable that are not expected to be collected.