Collected Data Should Be Compared with Secondary Information and with Analogous

question 48

Multiple Choice

Collected data should be compared with secondary information and with analogous information from a similar market in order to obtain a preliminary understanding of data quality.This is known as:

• A)a realistic check.
• B)a reality check.
• C)a realism check.
• D)a check.

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Definitions:

Failure of Consideration

A situation where the promised performance or payment in a contract is not fulfilled, leading to potential contract invalidation.

Real Defense

Real defense refers to a genuine, legally recognized reason or argument that can be used to justify or excuse an action or claim in a court of law.

Personal Defense

Strategies or actions taken by an individual to protect themselves against harm or legal accusations.

Antedated Check

A check written with a date earlier than the date on which it was actually written.