Which Generally Is an Advantage of Using Primary Data in a Research

question 30

Multiple Choice

Which generally is an advantage of using primary data in a research study?

• A) It allows researchers to conduct more longitudinal studies.
• B) It has greater specificity to the study purpose.
• C) It puts less burden on study participants.
• D) It reduces the cost of data collection.

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Definitions:

Owner's Equity

The residual interest in the assets of a business after all liabilities are deducted.

Liabilities

The sum of all debts and financial commitments a company owes to external parties, appearing on the company's balance sheet.

Normal Balances

The side (debit or credit) on which increases to the account are recorded, depending on the account type.

Expense Account

An account used to track money spent or costs incurred in the operation of a business, contributing to the overall expenses.