« previous next »

Author Question: Which of the following is a difference between fourth-party data sources and other data sources? ... (Read 164 times)

daltonest1984

  • Hero Member
  • *****
  • Posts: 536
on: Jul 6, 2018
Which of the following is a difference between fourth-party data sources and other data sources?
 
  A) Fourth-party data sources do not reflect the actual activity of the subject, whereas the other data sources reflect the actual activity.
  B) Fourth-party data sources are obtained from reference sources, whereas the other data sources are obtained from entities that maintain records regarding the subject.
  C) The other data sources fall within the realm of secondary research, whereas fourth-party data sources fall within the realm of primary research.
  D) The other data sources may have some firsthand knowledge of the subject's activities, whereas fourth-party data sources can only be used to confirm data obtained from other sources.

Question 2

Which of the following is not true?
 a. The capital account would be increased with a debit.
  b. The drawing account would be increased with a debit.
  c. An asset account would be decreased with a credit.
  d. A liability account would be increased with a credit.


tsternbergh47

  • Sr. Member
  • ****
  • Posts: 311
Reply #1 on: Jul 6, 2018
Answer to Question 1

A
Explanation: A) Unlike the other data sources, fourth-party data does not reflect the actual activity of the subject. Rather, it is used to gain insight on the environment in which the subject operates, including its local geographic market, its industry, and the broader economy.

Answer to Question 2

A


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Of the estimated 2 million heroin users in the United States, 600,000–800,000 are considered hardcore addicts. Heroin addiction is considered to be one of the hardest addictions to recover from.

Did you know?

The average adult has about 21 square feet of skin.

Did you know?

Blastomycosis is often misdiagnosed, resulting in tragic outcomes. It is caused by a fungus living in moist soil, in wooded areas of the United States and Canada. If inhaled, the fungus can cause mild breathing problems that may worsen and cause serious illness and even death.

Did you know?

When blood is deoxygenated and flowing back to the heart through the veins, it is dark reddish-blue in color. Blood in the arteries that is oxygenated and flowing out to the body is bright red. Whereas arterial blood comes out in spurts, venous blood flows.

Did you know?

Alcohol acts as a diuretic. Eight ounces of water is needed to metabolize just 1 ounce of alcohol.

A health history is essential in collecting subjective data about metabolic acidosis. A health history is essential in collecting subjective data about metabolic acidosis.
Difference between.... Difference between....
This map shows the percentage of Protestants by state in Germany. When compared to the previous map This map shows the percentage of Protestants by state in Germany. When compared to the previous map
A physician uses a portable electronic tablet to enter patient data while in the examination room. A physician uses a portable electronic tablet to enter patient data while in the examination room.
Sources and Types of Air Pollution Sources and Types of Air Pollution
What is your favorite protein sources?! What is your favorite protein sources?!
Video: Gastroesophageal Reflux Disease (GERD)

For a complete list of videos, visit our video library