Obtaining Secondary Data Is Typically _____ and _____ Expensive Than

question 55

Multiple Choice

Obtaining secondary data is typically _____ and _____ expensive than obtaining primary data.

• A)faster;more
• B)slower;more
• C)faster;less
• D)slower;less

---

Definitions:

Building

A structure with a roof and walls, such as a house or factory, constructed as a place of business, residence, or for other uses.

Cash

Liquid assets held by a company or individual, used for transactions or as a reserve for future payments.

Consolidation

Consolidation is the process of combining the financial statements of a parent company and its subsidiaries into a single, comprehensive set of statements.

Outstanding Common Stock

Shares of a company's common stock that have been issued and are in the hands of investors, including those held by the public and company insiders but excluding treasury shares.