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Which Type of Qualitative Data Is Best for Gathering Information

question 21

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Which type of qualitative data is best for gathering information as it naturally occurs?


Definitions:

Tax Deductible

Expenses or payments that can be subtracted from gross income to reduce the amount of income subject to taxation.

Term Bonds

Bonds that have a fixed maturity date on which the principal amount is due to be paid back to investors in full.

Serial Bonds

Bonds issued by a corporation or government that are scheduled for repayment at a series of future dates.

Installment Note

A loan that requires regular payments, or installments, of principal and interest over a set period of time.

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