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ACCA MA · Chapter 1 · Question 4 of 10

A retailer uses population statistics published by a government agency to help decide where to open a new store. How should these statistics be classified?

Test yourself: pick an answer

Reveal answer & explanation

Correct answer: D) Secondary data from an external source

Explanation

The data was collected by the government agency for its own purposes, not by the retailer for this specific decision, so it is secondary data. It originates outside the organisation, so it is external.

All 10 questions in Chapter 1The nature, source and purpose of management information MCQs with answers

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