Ginger Is Using Data That Has Been Previously Collected for Some

question 25

Multiple Choice

Ginger is using data that has been previously collected for some purpose other than the one at hand.This is called ____________ data.

• A) big
• B) archival
• C) corporate
• D) global

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Definitions:

Non-Current

Assets or liabilities expected to be realized, settled, or consumed beyond one year or the normal operating cycle, whichever is longer.

Current

In financial terms, "current" often relates to assets and liabilities that are expected to be sold, used, or settled within one year.

Decision-Making

The process of making choices by identifying a decision, gathering information, and assessing alternative resolutions.

Line Item

A specific and distinct item that appears on a statement or list, such as a financial report, indicating a single transaction or account component.