A Researcher Mistakenly Entered Data Incorrectly into a Spreadsheet

question 5

Short Answer

A researcher mistakenly entered data incorrectly into a spreadsheet. This type of error is called a(n) _____ error.

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Definitions:

Comparability

A quality that enables users to identify similarities and differences between two or more items of financial information.

Financial Reports

Detailed statements that provide information on a company's financial performance and position over a specific period.

Stockholders' Equity

The interest left in a corporation's assets, after removing its obligations, which indicates the ownership share.

Assets

Resources owned by a company that have economic value and can be used to meet its financial obligations.