While Obtaining Secondary Data Before Engaging in Primary Research Has

question 114

Multiple Choice

While obtaining secondary data before engaging in primary research has its limitations, it also offers many advantages. Which of the following is an example of these advantages?

• A) Secondary data is always categorized in units that match those that the researcher seeks.
• B) Secondary data rarely exhibits bias.
• C) Secondary data can provide ideas for the methods to be used and the difficulties that are likely to occur during a full-scale study.
• D) Secondary data is generally current and up-to-date.
• E) Secondary data is always accurate.

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Definitions:

Outstanding Deposits

Funds that have been submitted for deposit but have not yet been processed or credited to the account.

Bank Statement

A document provided by a bank that summarizes an account's transactions and balances over a specific period.

Check Register

A record kept by an account holder of checks written, deposits made, and the current balance of the checking account.

Outstanding Deposit

Outstanding deposits are amounts of money that have been deposited in a bank account but not yet cleared or credited to the available balance.