When It Is Determined That the Research Project Will Require

question 38

Multiple Choice

When it is determined that the research project will require primary data,secondary data should:

• A)be discarded.
• B)not be collected as it will be a waste of resources.
• C)be consulted anyway.
• D)be utilized only if it conforms to the findings contained in the primary data.
• E)be used only in cases where the primary data is not gathered using accepted industry standards.

---

Definitions:

Present Value

The value now of a future monetary total or cash flows, based on an established return rate.

Cash Flow

The overall flow of cash and assets similar to cash entering and exiting a corporation.

Present Value

The value today of a sum of money expected in the future or a series of financial inflows, calculated with a specified rate of interest.

Future Value

An estimation of a current asset's value on a future date, determined by projecting its growth rate over time.