Secondary Data ________

question 28

Multiple Choice

Secondary data ________.

• A) are generally more costly to acquire or generate than primary data
• B) are always publicly generated and available
• C) are almost always derived from surveys and focus groups
• D) can be collected more quickly and less expensively than primary data

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Definitions:

Fund

A pool of money set aside for a specific purpose or invested in a variety of financial instruments to generate returns for its investors.

Three-Month Period

A timeframe equivalent to a quarter of a year, often used in financial reporting and measurement.

Charity Drive

A campaign organized to raise funds or collect goods for charitable purposes.

Donation

Voluntary giving of resources such as money, goods, or time to help individuals, organizations, or communities.