Data are simply raw facts that describe the characteristics of an event ..... information is defined as
Question:
"Data are simply raw facts that describe the characteristics of an event ..... information is defined as being data organized in a meaningful way to be useful to the user" (Richardson et. al. p. 6).
Attached is a data file for your review. These data reflect purchases made by your customers. Management wants you to prepare instructions for the summer interns from the local high school (who have never taken an accounting class) that will allow them to calculate the accounts receivable amount for each customer as of 8/31/2015.
You should assume that the interns do not know how to use Excel and that they will manually calculate accounts receivable using a handheld calculator that does not have a memory key and an MS word document for recording their results. In your instructions, you should reference them to a printout of the Excel Workbook in its entirety. Be sure to provide step by step instructions; your instructions will be used by a classmate to do the actual calculations. Please provide your instructions in an MS Word file.
Effective small business management An Entrepreneurial Approach
ISBN: 978-0132157469
10th Edition
Authors: Norman M. Scarborough