Secondary Data Can Be Classified as ____________________ or ____________________,Depending on Whether

question 103

Short Answer

Secondary data can be classified as ____________________ or ____________________,depending on whether the data have been generated from within or outside the researcher's firm or organization.

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Definitions:

Payment Orders

Instructions to transfer money from one bank account to another, often used in international trade and electronic funds transfers.

Fund Transfer

The movement of money from one account to another, either within the same financial institution or across different ones.

Certified Check

A check for which the issuing bank guarantees the availability of funds by verifying the drawer's signature and setting aside the check amount, thus ensuring payment.

Bankrupt

A legal status of a person or entity that cannot repay debts to creditors and has sought relief through bankruptcy proceedings.