Two Important Advantages of Secondary Data Are

question 185

Multiple Choice

Two important advantages of secondary data are

• A)they are inexpensive and up-to-date.
• B)they are up-to-date and supply all relevant categories of information.
• C)they are usually inexpensive and save time.
• D)they are tailor-made to your specifications and relatively inexpensive.
• E)none of the above.

---

Definitions:

Certificate Of Deposit

A savings certificate entitling the bearer to receive interest after a fixed term deposit matures, with a fixed or variable interest rate.

Time Deposit

A deposit in a bank account that cannot be withdrawn for a preset period of time without incurring a penalty.

Maturity

The date on which a financial obligation must be repaid or the final payment is due.

Maturity Date

The specified date on which the final payment of a loan, bond, or other financial instrument is due.