All of the Following Techniques Are Used in Gathering Primary

question 48

Multiple Choice

All of the following techniques are used in gathering primary data except

• A)observational methods.
• B)analysis of financial records.
• C)surveys.
• D)experimentation.

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Definitions:

Convertible Note

A financial instrument that can be converted into a specified number of shares of the issuing company at certain times during its life, usually at the discretion of the holder.

Derivative Instruments

Financial contracts whose value is derived from the value of an underlying asset, index, or interest rate.

Primary Instruments

The basic securities in the financial market, such as stocks and bonds, that are traded directly between entities.

AASB 9

An Australian Accounting Standards Board regulation that addresses the classification, measurement, and recognition of financial assets and financial liabilities.