Question

Date accuracy is very important because dates are used for discounts, payment terms and many reports. True True False

Answer 1

# True , Date accuracy is very important :

Meaning of data accuracy comes from “data” and “accuracy” . Data is a group of facts such as (numbers, words, measurements, observations, etc) .

Data is translated into a form that computer(s) can process .

for example : records of historical events stored on digital media that computers can access and business users can use for business advantage.

Data accuracy means it must meet two criteria: form and content: Form is used to eliminate ambiguities about the content.

For example : consider how dates stored in different formats could be an issue . “october 19, 2018” could be stored in typical U.S. format of “10/18/2018.” . Other countries may have different conventions for writing dates, such as “18/10/2018.” If someone in the U.S. tried to use the data in that format, it could definitely be an issue .

Second criteria : Data content must be consistent . for example in medical specialty “Obstetrics-Gynecology,”.which could be recorded as “OB-GYN,” “OBGYN,” “OB GYNE,” or many different ways. City names can also be represented with correct but inconsistent value(s). For example “New York City” could be captured as “NYC,” “New York,” or “NY NY.” When values for the same data point are inconsistent in nature , thus preventing analysts from grouping and summarizing the data. Just because so much data analysis involves aggregation, consistent values are needed to enable accurate data use.