Explain the effect of inaccuracy in reporting technical errors.

EXAMPLE ANSWER:

Inaccurate information in a report can be costly and embarrassing to the company; for example an error on an invoice could cost the company profits and goodwill – causes customers to question you trustworthiness. Inaccurate information can occur on spreadsheets, databases and invoices – but not catching the error is a costly mistake. Misplaced decimals could create a gross error especially if you are selling and bidding on item and embarrassment to try and correct the error is astronomical.

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