Which of the Following Reasons Best Describes Why Much of Secondary

question 30

Multiple Choice

Which of the following reasons best describes why much of secondary research provided by foreign governments is suspect with respect to reliability?

• A)The data in foreign countries is usually written in a foreign language and there are translation difficulties that are often insurmountable.
• B)The data will not be released to any foreign government or foreign corporation.
• C)The data is prone to being overly optimistic and unreliable in reporting relevant economic data about their countries.
• D)The data contains political statements about the current regime that foreigners would object to reading or hearing.
• E)The data tend to be sparce,incomplete,and outdated.

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Definitions:

Marketable Securities

Financial instruments and assets that can be easily converted into cash, often with a maturity of less than a year, such as stocks or bonds.

Intangible Assets

Long-term assets that are useful in the operations of a business, are not held for sale, and are without physical qualities.

Gross Profit Margin

A financial ratio that shows the percentage of sales revenue remaining after deducting the cost of goods sold from total sales revenue.

Vertical Analysis

A financial statement analysis method that shows the relationship of each component to a total within a single statement, expressed as a percentage.