Facts and Figures Obtained by Watching,either Mechanically or in Person,how

question 114

Multiple Choice

Facts and figures obtained by watching,either mechanically or in person,how people actually behave are referred to as __________ data.

• A) virtual
• B) observational
• C) hypothetical
• D) primary source
• E) statistical

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Definitions:

S Corporations

A type of corporation in the United States that meets specific Internal Revenue Code requirements and passes income, losses, deductions, and credits through to shareholders for federal tax purposes.

Shareholders

Individuals or entities that own shares in a corporation, giving them certain rights and potential for financial returns based on the company's performance.

Profit

The financial gain realized when the amount of revenue gained from a business activity exceeds the expenses, costs, and taxes involved in sustaining the activity.

Joint Ventures

A commercial enterprise undertaken jointly by two or more parties that otherwise retain their distinct identities.