Which of the following statements refer to the objective criteria when evaluating secondary data?
A) Data should be reliable and generalizable to the problem at hand.
B) Syndicated firms periodically update census data.
C) The objective will determine the relevance of the data. Reconfigure the data to increase their usefulness, if possible.
D) Assess accuracy by comparing data from different sources.
Answer: C) The objective will determine the relevance of the data. Reconfigure the data to increase their usefulness, if possible.
You might also like to view...
Materials inventory only includes direct materials
Indicate whether the statement is true or false
What are the two dimensions that underlie Quinn’s four frames?
a. An internal-external dimension and a control-flexibility dimension b. An employer-employee dimension and a culture-control dimension c. An informal-formal dimension and a theoretical-realistic dimension d. An environmental-core competency dimension and a profit-mission dimension
A response that is sent to someone who has invited a persuasive message requires an attention-getting sentence to start the message
Indicate whether the statement is true or false
Jefferson Company has sales of $300,000 and cost of goods available for sale of $270,000. If the gross profit ratio is typically 30%, the estimated cost of the ending inventory under the gross profit method would be:
A. $60,000 B. $180,000 C. $90,000 D. $30,000 E. $120,000