Gathering competitor data ??? based upon the GIGO (garbage in, garbage out), onc
ID: 2658575 • Letter: G
Question
Gathering competitor data ??? based upon the GIGO (garbage in, garbage out), once you have built the list of competitors, which of the following is not true with respect to collection of financial data?
Question 12 options:
Gather a minimum of 3-years of data.
Un-restated numbers only.
Industry data is available through Bureau of Labor Statistics (BLS) for free.
Trade associations are another source of industry data.
Gather a minimum of 3-years of data.
Un-restated numbers only.
Industry data is available through Bureau of Labor Statistics (BLS) for free.
Trade associations are another source of industry data.
Explanation / Answer
Second option: Un -restated numbers only, is the correct answer. Restated numbers shoud be considerd for the collection of financial data as the un restated numbers are not comparable with the latest financial figures and doesn't reflect the true picture of the company
Related Questions
Navigate
Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.