Data collection begins by identifying the various sources of data, including both ______ sources.
A) numeric and alphanumeric
B) classified and non-classified
C) internal and external
D) financial and non-financial

Question

Quizplus · Accepted Answer

Identifying both internal and external sources of data is the best choice as it allows for a comprehensive understanding of the data that is available to be collected. Internal sources refer to data that is generated within an organization, such as financial reports or customer feedback. External sources refer to data that is collected from outside the organization, such as market research or social media analytics. By identifying both sources, organizations can gather a more complete range of data relevant to their business goals. Numeric, alphanumeric, classified, and financial/non-financial sources are all types of data that may be found within either internal or external sources.

Data Collection Begins by Identifying the Various Sources of Data