Which of the Following Would NOT Be a Source of Primary

question 22

Multiple Choice

Which of the following would NOT be a source of primary data?

• A) The Wall Street Journal
• B) Market tests
• C) Focus groups
• D) Observation studies
• E) Surveys

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Definitions:

Normal Balance

The usual balance side (debit or credit) of an account in double-entry bookkeeping, determined by the type of account (asset, liability, equity, revenue, or expense).

Financial Statement

Documents that provide an overview of a company's financial condition in both short and long term, including balance sheets, income statements, and cash flow statements.

Direct Write Off Method

A method of accounting for bad debts that involves charging unpaid invoices directly to expense when they are determined to be uncollectible.