Information Theory

Data Compression
Data compression involves the process of encoding information using fewer bits or other information-bearing units than an unencoded representation would use through different compression algorithms.
Garbage In, Garbage Out (GIGO)
In the context of data processing and computational models, the term 'Garbage In, Garbage Out' (GIGO) denotes the idea that flawed or nonsensical input data will inevitably produce similarly flawed or nonsensical output.

Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.