All of the Following Are Disadvantages of Secondary Data EXCEPT

question 1

Multiple Choice

All of the following are disadvantages of secondary data EXCEPT that it may:

• A)have a lack of availability.
• B)have measurements that cannot be used by the researcher.
• C)suggest alternative methods of primary data research.
• D)be inaccurate.
• E)not be sufficient to make a decision.

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Definitions:

Asset Retirement Obligations

Legal obligations associated with the retirement of a tangible, long-lived asset that result from its acquisition, construction, development, or normal operations.

Financial Statements

Written records that convey the business activities and the financial performance of a company, typically including the income statement, balance sheet, and statement of cash flows.

Useful Lives

The estimated duration a tangible asset is expected to be usable for its intended purpose, influencing depreciation calculations.

Long-Lived Assets

Assets that are expected to provide economic benefits over a period longer than one year, such as buildings and machinery.