Which of the following is an example of primary data?

Prepare for the CIMA Managing Finance in a Digital World (E1) Exam. Use multiple choice questions and study aids to enhance your knowledge. Get exam-ready with our insights and tips!

Multiple Choice

Which of the following is an example of primary data?

Explanation:
Primary data are data you collect yourself for a specific research purpose. A questionnaire fits this because you design and administer it to gather responses directly from people for your study, producing data collected firsthand. In contrast, data from a system are records generated during routine operations, not created to answer your particular question, so they’re considered secondary data. Trade journals and published statistics are also sources compiled by others for broader uses, not collected by you for your study, hence secondary data.

Primary data are data you collect yourself for a specific research purpose. A questionnaire fits this because you design and administer it to gather responses directly from people for your study, producing data collected firsthand. In contrast, data from a system are records generated during routine operations, not created to answer your particular question, so they’re considered secondary data. Trade journals and published statistics are also sources compiled by others for broader uses, not collected by you for your study, hence secondary data.

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