Which Characteristic of Data Requires That the Variables and Data

question 47

Multiple Choice

Which characteristic of data requires that the variables and data values be defined at the lowest (or as low as required) level of detail for the intended use of the data?

• A)data source reliability
• B)data accessibility
• C)data richness
• D)data granularity

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Definitions:

Asset Turnover

A measure of how efficiently a company uses its assets to generate sales, calculated by dividing sales by total assets.

Net Sales

The total revenue from sales of goods or services, after deducting returns, allowances for damaged or missing goods, and discounts.

Asset Turnover

Asset turnover is a financial ratio that measures the efficiency of a company in using its assets to generate sales or revenue.

Depreciation Expense

The allocation of the cost of a tangible asset over its useful life, representing the wear and tear or obsolescence of the asset.