The data obtained from the records of an organisation is calleda)primary data.b)secondary data.c)external data.d)internal data.Correct answer is option 'A'. Can you explain this answer?

Question

Answer

Primary data is data that is collected by a researcher from first-hand sources, using methods like surveys, interviews, or experiments. It is collected with the research project in mind, directly from primary sources.

Secondary data is the data that has already been collected through primary sources and made readily available for researchers to use for their own research. A researcher may have collected the data for a particular project, then made it available to be used by another researcher.
So it is a secondary data.

Answer

Mall91 - 50 लाख+ भारतवासियों की विश्वसनीय सुपर ऐप! घर बैठे बैठे ढेरों कमाएं और अपने कमाई का उपयोग करें दैनिक ज़रूरतों का सामान खरीदने में, रीचार्ज/बिल्स भुगतान में या किसी भी दूकान पर पेमेंट करने में!

कमाना है बड़ा आसान - बस अपने दोस्तों को रेफेर करके नेटवर्क बनाकर, या मज़ेदार गेम्स टूर्नामेंट्स खेल कर, या सिर्फ हमारे प्रोडक्ट्स व्हाट्सऐप पर शेयर करके! नेटवर्क की हर खरीद पर आप पाएंगे अलग से कमीशन! यही नहीं, हमारी कई और मिनी-ऐप्स उपयोग करें और बनाएं अपने दैनिक जीवन को और भी आसान

यहाँ से डाउनलोड करें और मेरे रेफरल कोड MO6RY9X का उपयोग करें https://m91.co/u9RQl

Answer

The original data obtained from the records of an organisation is called first hand information or primary data. When the data is used by some other person for statistical investigation it becomes the secondary data.

Answer

Primary data is the data that is collected directly from the original source or firsthand information. It is the raw and original data that is collected for a specific purpose. In the context of an organization, primary data refers to the information that is gathered from the records and documents maintained by the organization itself.

Explanation:
- Primary data: This refers to the data that is collected firsthand from the original source. In the case of an organization, primary data is obtained from its own records and documents. This data is specific to the organization and is collected for a particular purpose or research project. It is considered to be the most reliable and accurate form of data as it is collected directly from the source.

- Secondary data: On the other hand, secondary data refers to the data that is collected from sources other than the original source. It is already available and has been collected by someone else for their own purpose. Secondary data can be obtained from various sources such as books, journals, government publications, websites, etc. It is not specific to the organization and may not always be as reliable as primary data.

- External data: External data refers to the data that is obtained from external sources outside the organization. This can include data from customers, suppliers, competitors, government agencies, or any other external source. External data can be both primary and secondary depending on how it is collected.

- Internal data: Internal data, also known as organizational data, refers to the data that is generated within the organization. It includes data from various departments, such as sales, marketing, finance, operations, etc. Internal data is specific to the organization and is often used for decision-making and analysis purposes.

In this context, the correct answer is option 'A' - primary data. Since the question states that the data is obtained from the records of an organization, it implies that the data is collected directly from the original source, which is the organization itself. Therefore, the data obtained from the records of an organization is considered as primary data.

Answer

It is recorded by the conducting survey

Similar Commerce Doubts

TheWhich of the following is not the purpose served by accounting standards?

creditors are external users or internal users Related: Creditor & Debtor?

what difference internal users and external users Related: Introduction to Accounting - Class 11 - Accountancy?

What is the satisfactory ratio between internal and external?? Related: NCERT Solution - Chapter 5 : Accounting Ratios - 3, Class 12, Accountancy

difference between internal and external sourse of recruitment Related: NCERT Solutions - Staffing?

Top Courses for CommerceView all

Chapter Notes for Commerce

Economics Class 12

Economics Class 11

NCERT Books & Solutions for Commerce

Economics for CBSE Class 12 Board Examinations

Top Courses for Commerce

Top Courses for Commerce

Related Content

Commerce Courses

Other Courses

How To Prepare?

Related Exams

Company