Secondary Data Consist of

question 19

Multiple Choice

Secondary data consist of

• A)internal data only.
• B)external data only.
• C)existing information.
• D)newly developed primary research.

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Definitions:

Final Distribution

The process of giving the last allocation or payout, often related to winding up an estate, a trust, or corporate dividends.

Market Value

The present cost that an asset or service is being traded for in the market.

Book Value

The value of an asset as it appears on the balance sheet, calculated by subtracting any depreciation or amortization from its original cost.

Note Payable

A written promise to pay a specific amount of money, often bearing interest, at a future date.