Sources of Secondary Data Are

question 11

Multiple Choice

Sources of secondary data are:

• A)the existing company information system
• B)databanks of other organizations
• C)syndicated data sources
• D)all of the above
• E)none of the above

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Definitions:

Impairment

The permanent reduction in the value of a company's asset, typically when the asset's market value drops below its recorded book value.

Dividends

Earnings distributed by a company to its shareholders, usually in the form of cash or additional shares.

Consolidated Retained Earnings

The total accumulated profits of a parent company and its subsidiaries after dividends are paid, as shown in consolidated financial statements.

Equity Method

An accounting practice where an investor records its proportional share of investee profits or losses, reflecting the changing value of its investment over time.