Describe the Various New Sources for Data, and Provide an Example

question 88

Short Answer

Describe the various new sources for data, and provide an example of each.
Section reference 1: Opening case

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Definitions:

Relevance

A fundamental quality of information that makes it useful for decision-making, ensuring that the information provided has the capacity to influence the decisions of its users.

Timely Basis

The practice of completing or delivering work within an agreed or expected period.

Price-Earnings Ratio

A valuation metric for stocks, calculated by dividing the market price per share by the earnings per share (EPS).