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Data and Information

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA MA – FIA FMA › Data and Information

  • This topic has 3 replies, 2 voices, and was last updated 4 years ago by AvatarJohn Moffat.
Viewing 4 posts - 1 through 4 (of 4 total)
  • Author
    Posts
  • December 12, 2021 at 8:04 am #644018
    Avatarmaximus07
    Participant
    • Topics: 446
    • Replies: 437
    • ☆☆☆☆

    Would be correct if we say that primary data is all the data collected from primary source and secondary data from secondary source? Or it is wrong?

    December 12, 2021 at 12:09 pm #644061
    AvatarJohn Moffat
    Keymaster
    • Topics: 57
    • Replies: 54839
    • ☆☆☆☆☆

    Primary data are data that was collected specifically for the specific purpose (regardless of the source).

    Secondary data are data that was collected for some other reason but that we are now using for our purpose.

    December 13, 2021 at 7:59 pm #644199
    Avatarmaximus07
    Participant
    • Topics: 446
    • Replies: 437
    • ☆☆☆☆

    Thank you.

    December 14, 2021 at 7:25 am #644214
    AvatarJohn Moffat
    Keymaster
    • Topics: 57
    • Replies: 54839
    • ☆☆☆☆☆

    You are welcome.

  • Author
    Posts
Viewing 4 posts - 1 through 4 (of 4 total)
  • The topic ‘Data and Information’ is closed to new replies.

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