Analysis of Existing Data Is Synonymous with the Term_____ Data

question 34

Multiple Choice

Analysis of existing data is synonymous with the term_____ data.

• A)secondary
• B)existential
• C)conclusive
• D)cultural

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Definitions:

Fees Earned

Income generated from providing services to clients or customers.

Dividends

A portion of a company's earnings distributed to shareholders as a return on their investment.

Miscellaneous Expense

Small, often irregular costs that do not fit well into other categories of a budget or financial statement.

Closing Entries

Journal entries made at the end of an accounting period to transfer temporary accounts’ balances to permanent ones, resetting the temporary accounts for the next period.