Which Is NOT One of the Ten Commandments of Data

question 2

Multiple Choice

Which is NOT one of the Ten Commandments of data collection?

• A) think of the type of data you will be collecting
• B) think about where you are getting the data
• C) make sure the data collection form is easy to use
• D) destroy original data when your study is finished

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Definitions:

Market Price

The current price at which an asset or service can be bought or sold in a particular market.

Prior Period Adjustment

An accounting entry made to correct errors that were made in previous financial reporting periods.

Amortization Expense

The process of gradually writing off the initial cost of an intangible asset over its useful life.

Statement Of Retained Earnings

This is a financial statement that outlines the changes in retained earnings for a specific period, factoring in net income and dividends.