What Is the Primary Purpose of Recording Data

question 46

Multiple Choice

What is the primary purpose of recording data?

• A) Compilation of databases
• B) Trend analysis
• C) Communication
• D) Forecasting

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Definitions:

Private Ownership

The ownership of assets, properties, or businesses by individuals or corporations rather than the government or public entities.

Values

Core beliefs or principles that guide an individual's or society's behaviors, decisions, and actions.

Transaction

Any agreement or exchange between two parties where goods, services, or money are passed from one to the other.

Pay Phone

A public telephone that operates with the insertion of coins or by credit card payment.