Data cleansing involves all of the following except
a. filtering out or repairing invalid data
b. summarizing data for ease of extraction
c. transforming data into standard business terms
d. formatting data from legacy systems
B
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The Swedish government has significant holdings in key business sectors and has a hybrid economic system that incorporates:
A) market capitalism and centrally planned socialism. B) centrally planned socialism and market socialism. C) centrally planned socialism and capitalism. D) market socialism and market capitalism. E) market capitalism and socialistic capitalism.
Which of the following four perspectives of the balanced scorecard enables management to answer the question, "How can we continue to improve and create value?"
A) financial B) customer C) internal business D) learning and growth
Which of the following is a "for-your-information" message?
A) Telling a colleague about a workshop, you think he will be interested in B) Informing a client about a price increase in your services C) Convincing your customer to extend your deadline D) Announcing the launch of a new product on your website E) Sending a tweet about the positive review of your product in a trade magazine
Merchandise inventory at the end of the year was inadvertently overstated. Which of the following statements correctly states the effect of the error on net income, assets, and owner's equity?
A) net income is overstated, assets are overstated, owner's equity is understated B) net income is overstated, assets are overstated, owner's equity is overstated C) net income is understated, assets are understated, owner's equity is understated D) net income is understated, assets are understated, owner's equity is overstated