Esperanza Is Reviewing Data That Shows Sales of Her Company's

question 26

Multiple Choice

Esperanza is reviewing data that shows sales of her company's products during specific hours of each day.What kind of data is Esperanza reviewing?

• A)survey data
• B)secondary data
• C)external data
• D)internal data

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Definitions:

Trading Investments

Assets held by a firm for the purpose of selling them in the short term to generate profit from price fluctuations.

Unrealized Gain

The increase in value of an asset that has not been sold, and thus the profit has not been realized as the asset remains part of the portfolio.

Income Statement

A report that outlines a company's financial activities, including earnings, expenses, and net profit or loss, during a particular accounting timeframe.

Fair Value

The estimated market value of an asset or liability, based on current prices in an open and competitive market.