Data Collected Specifically for a Study Is Called

question 26

Multiple Choice

Data collected specifically for a study is called

• A)secondary data.
• B)exploratory data.
• C)primary data.
• D)casual data.
• E)descriptive data.

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Definitions:

Purchase

The act of buying goods, services, or assets.

Liquidate

To convert assets into cash or to settle debts by selling off assets.

Scanlon Plan

A type of gainsharing program where employees share in financial gains through productivity improvements.

Target Ratio

A specific numerical goal used in finance and business to measure and compare the efficiency, performance, or balance of different areas of operations or financial health.