Which of the Following Is Considered Information Rather Than Data

question 90

Multiple Choice

Which of the following is considered information rather than data?

• A) projected population growth in a target market
• B) a measure of the effectiveness of a promotional strategy
• C) income distribution in a target market
• D) product sales in various categories

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Definitions:

Budgeted Sales

The sales numbers a company projects to achieve in a future period, usually part of financial planning and budgeting.

Gross Margin

The difference between the sales revenue and the cost of goods sold, which shows the profitability of a company’s core activities.

Selling

The process of promoting and transferring ownership of goods or services to customers.

Administrative Expenses

Costs related to the general administration of a business, such as salaries of executive officers, legal and office supplies.