All of the following statements are TRUE about the importance of external data sets EXCEPT:
A)By using the external tools, you can avoid a lot of extra typing.
B)Anything that is not stored in an Excel format or not stored locally is considered to be external data.
C)Spreadsheet applications such as Excel offer a wide variety of tools to help the user extract external data and integrate it into reports so that it can be actively used to make better decisions.
D)Common file formats that you can import include HTML, XML, text, and .accdb files from Microsoft Access.

Question

Quizplus · Accepted Answer

While external data sets can certainly save time in terms of typing, the importance of external data sets extends far beyond avoiding extra typing. External data sets can provide valuable information and insights that may not be available within an organization's internal data. This can be essential for making informed business decisions and staying competitive in a constantly changing market.

All of the Following Statements Are TRUE About the Importance