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Data Is Useful for Understanding Individual Sales, but to Gain

question 1

Multiple Choice

Data is useful for understanding individual sales, but to gain deeper insight into a business, data needs to be turned into information.Which of the following offers an example of turning data into information?

Definitions:

1933

The year notable for the depth of the worldwide Great Depression and the implementation of the New Deal in the United States.

Transfer Payment

A payment made by governments to individuals without any services or goods being received in return, often part of social welfare programs.

Old-Age Pensions

Retirement benefits provided by the government, employers, or other institutions to support individuals financially after they retire.

Military Expenditures

The funds spent by a country on its military forces, including salaries, equipment, and operations.