Question
The following statements relate to various types of data, information, and knowledge in a business setting. a. The sales price for a particular inventory item
The following statements relate to various types of data, information, and knowledge in a business setting.
a. The sales price for a particular inventory item
b. Dimensions of a company's manufacturing facility
c. Customer purchasing patterns used to launch a new advertising campaign
d. Summary of cash disbursements by vendor
e. Summary of product sales by product and region
f. Statistical analysis of production defects, resulting in changes to production and inspection processes
Required
Classify each of the following as data, information, or knowledge.
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Principles of Auditing and Other Assurance Services
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