Secondary data are the
A. facts and figures that are newly collected for the project at hand.
B. facts and figures that have already been recorded before the project at hand.
C. facts and figures obtained by watching people mechanically rather than in person.
D. conclusions developed from information obtained from a representative sample of a population.
E. facts and figures obtained by asking people questions through the use of information technology.
Answer: B
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Which is NOT a bank that trades in the foreign exchange market?
a. Deutsche Bank b. Citigroup c. Barclays d. Charles Schwab
Managers who collect information and use analytical techniques make decisions that are ______.
A. based on gut instinct B. quick and easy C. less effective and profitable D. more effective and profitable
Which of the following is true regarding the accounting for property, plant, and equipment under international accounting standards?
a. Upward revaluations of property, plant, and equipment are not allowed. b. The option is available for an entity to adjust upward the carrying value of property, plant, and equipment to fair value. c. All entities must adjust upward the carrying value of property, plant, and equipment to fair value. d. An entity has the option to adjust upward the carrying value of property, plant, and equipment to fair value, with gains and losses being shown in other comprehensive income.
How is the doctrine of unconscionability related to public policy?
A) The doctrine of unconscionability is based on public policy. B) All contracts contrary to public policy are considered unconscionable. C) Both are used to save a contracting party from a bad bargain. D) Both are very distinctly defined by law.