Which of the Following Best Describes the Definition of Data?​

question 31

Multiple Choice

Which of the following best describes the definition of data?​

• A) ​A collection of numbers or facts that have the potential to provide information.
• B) ​Information that is useful to decison makers.
• C) ​An analysis of information that is used to improve decision making.
• D) ​A synthesis of information that yields insights about the organization.
• E) A variety of sources that are used for organizational planning purposes.

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Definitions:

Long-Term Debt

Debt that is due for repayment in more than one year, often used to finance major investments or acquisitions.

Purchase Method

An accounting technique used to consolidate the financial statements of a buying entity and its target, where the purchase transaction is treated as an acquisition and the buyer revalues the target company's assets and liabilities at their current fair market values.

Net Working Capital

The difference between a company's current assets and its current liabilities, indicating the liquidity of the business.

Fixed Assets

Long-term tangible assets held for business use and not expected to be converted to cash in the short-term, such as buildings, machinery, and equipment.