Identify which of the following is considered a benefit of maintaining accurate records*1 pointIt makes it easier for the business to function as there is less likelihood of errors.It helps the business comply with its reporting requirements to the ATO.All answers are correctIt provides accurate information that can assist with decision making.

Why should a company measure loyalty? Select all that apply.1 pointIt reveals where they can manage customer relationships more effectively.It allows them to save money.It helps them to assess and refine strategies to keep customers.It indicates how many ads to show potential customers.

Identify which of the following would NOT be a strategy to help a business maintain accurate records*1 pointUsing bookkeeping software such as MYOB or QuickbooksEstablishing a good filing system and processing documents and transactions into your recordkeeping software regularlyIncluding as much detail as possible on all recordsObtaining all documents such as invoices at the time of the transaction and recording all of the necessary details as soon as possible

Question 1What are the requirements in order for data to be reliable? (Select all that apply) 1 pointData should be relevant Data should be free of all errors  Data should be easy to collect  Data should be structured

You are having a conversation with a co-worker about the advantages of cleaning data at the source. What benefits can this practice offer? Select all that apply.1 pointIt reduces the likelihood of inconsistencies and errors in the data.It allows for data transformation within the Microsoft Power BI environment.It facilitates duplicate data entries in the analysis.It ensures that future analyses have a clean and consistent foundation.

From a policy perspective, informatics/health IT is most valuable because 1 pointIt provides the conduit for representing and communicating data that provides federal decision makers evidence of quality care.It provides the conduit for representing and communicating the money reimbursed to providers.It determines how much risk an organization wishes to take within a new model of care.It determines the new model of care an institution might use.