What Are the Problems with Secondary Data Use? How Can

question 109

Essay

What are the problems with secondary data use? How can a new entrepreneur neutralize these problems?

---

Definitions:

Newly Adopted Principle

A recently implemented accounting guideline that a company starts following, which can affect its financial reporting.

Extraordinary Event

An event or transaction that is distinct from the ordinary and typical activities of a business and is both unusual and infrequent.

Earthquake

A natural phenomenon characterized by the shaking of the surface of the Earth, often caused by the movement of tectonic plates.

Tornado

A violently rotating column of air extending from a thunderstorm to the ground, capable of vast destruction.