The Use of Secondary Analysis of Data Has Become Very

question 68

Multiple Choice

The use of secondary analysis of data has become very popular because:

• A) it is cheaper but never as good as collecting your own data
• B) it is faster because the data is readily available
• C) scholarly journals are now publishing primarily data gathered from secondary analysis
• D) it is always considered valid

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Definitions:

Inventory Purchases

Transactions involving buying products or raw materials for the purpose of resale or production.

Merchandise

Goods that are purchased, stored, and then sold by retailers or wholesalers, typically in the context of inventory for sale.

Cash Disbursements

Payments made by a business in cash, including expenses, debt payments, and distributions to shareholders.

Cost of Goods Sold

Represents the direct costs attributable to the production of the goods sold in a company, including the cost of the materials and labor directly used to create the product.