Which of the Following Statements About Secondary Data Is Correct

question 20

Multiple Choice

Which of the following statements about secondary data is correct?

• A) Secondary data is obtained only from sources outside of the firm.
• B) Secondary data may be available much faster than primary data.
• C) Results of "old" surveys are not secondary data.
• D) Secondary data is usually more expensive to obtain than primary data.
• E) None of these statements about secondary data is true.

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Definitions:

State Government

The governing body at the state level, responsible for local laws and policies.

Federal Government

The national government of a country, which holds the highest level of authority over the nation and its citizens, often consisting of executive, legislative, and judicial branches.

Electronic Medical Record

A digital version of a patient's paper chart, containing the medical and treatment history of a patient within one healthcare provider's office.

Laboratory Data

Information and results obtained from experiments, tests, and analyses carried out in a controlled, scientific setting.