Which of the Following Statements Concerning Secondary Data Is Correct

question 103

Multiple Choice

Which of the following statements concerning secondary data is correct?

• A) Secondary data usually takes longer to obtain than primary data.
• B) Secondary data is only available within the firm.
• C) Secondary data was originally collected for some other purpose.
• D) Secondary data may provide some background, but never provides the answer.
• E) None of these statements is correct.

---

Definitions:

Poor People

Individuals or groups living below the poverty line, often struggling with lack of financial resources, access to basic needs, and opportunities.

Official Definition

An authorized or formally recognized explanation or meaning of a term or concept.

Intergenerational

Pertaining to relationships or interaction between different generations.

Occupational Mobility

The ability of individuals to move between different job positions or career paths, often as a measure of socioeconomic flexibility and opportunities.