Answer to Question #78841 in Finance for Liam Johnston

Question #78841
Describe a process that could be used for collating, coding, and classifying accounts data in preparation for processing.
1
Expert's answer
2018-07-09T09:12:08-0400
After collecting data, the method of converting raw data into meaningful statement; includes data processing, data analysis, and data interpretation and presentation. Data reduction or processing mainly involves various manipulations necessary for preparing the data for analysis. The process (of manipulation) could be manual or electronic. It involves editing, categorizing the open-ended questions, coding, computerization and preparation of tables and diagrams.

Need a fast expert's response?

Submit order

and get a quick answer at the best price

for any assignment or question with DETAILED EXPLANATIONS!

Comments

No comments. Be the first!

Leave a comment

Ask Your question

LATEST TUTORIALS
New on Blog
APPROVED BY CLIENTS