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A major advantage of primary data collection is
External Auditor
An independent party that reviews an organization's financial statements to ensure accuracy and compliance with accounting standards.
Net Income
The total earnings of a company after deducting all expenses, taxes, and losses from total revenue.
Balance Sheet
This details a business's financial condition by listing its assets, debts, and the equity of its shareholders on a specific date.
Economic Resources
Assets, natural resources, labor, and capital that can be used for the production of goods and services, fundamental to economic activity.
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