Which of the Following Is Not One of the Ways

question 14

Multiple Choice

Which of the following is not one of the ways data may need to be modified during data conversion?

• A) resolve data inconsistencies
• B) validate new files
• C) identify files to be converted
• D) remove unnecessary fields from data files

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Definitions:

Accrual Basis

The accrual basis of accounting records revenues and expenses when they are earned or incurred, regardless of when cash is exchanged.

Cash Basis

An accounting method where revenues are recognized when cash is received, and expenses are recorded when cash is paid.

Debit Portion

The side of an accounting entry that increases asset or expense accounts or decreases liability, equity, or revenue accounts.

Asset Account

A category in accounting ledgers that records the increases and decreases in specific assets owned by a business.