Which of the Following Statements Is True of Data

question 34

Multiple Choice

Which of the following statements is true of data?

• A)Current data is collected for performance reports.
• B)Disaggregated data reports overall performance during a particular sales quarter.
• C)Aggregated data enables decision makers to focus on specific factors.
• D)Future data is predicted for budgets or cash flow reports.

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Definitions:

Purchase Price

The amount of money that is paid or will be paid for the acquisition of a good, service, or asset.

Insurance Contracts

Legal agreements between an insurer and the insured, defining the claims which the insurer is legally required to pay.

Insurance Company Agent

An individual authorized to sell and manage insurance policies on behalf of an insurance company.

Broker

An individual or firm that acts as an intermediary between buyers and sellers, typically in financial transactions, real estate, or insurance.