Secondary Data Consists of Information ________

question 139

Multiple Choice

Secondary data consists of information ________.

• A)that already exists somewhere but is outdated
• B)that does not currently exist in an organised form
• C)that already exists somewhere but was collected for another purpose
• D)that is used by competitors
• E)that the researcher can only obtain through surveys and observation

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Definitions:

Consolidated Net Income

Consolidated net income is the combined net income of a parent company and its subsidiaries, after intercompany transactions have been eliminated, presenting a comprehensive net income figure for the entire corporate group.

Subsidiary's Equipment

Assets like machinery and tools owned by a subsidiary, which is a company controlled by another parent company.

Consolidation

The process of combining the financial statements of a parent company with those of its subsidiaries, presenting the financial results as if the group of companies was a single entity.

Long-Term Debt

Borrowings and other financial obligations that are due for repayment beyond the next 12 months, usually including bonds, loans, and lease obligations.