Which of the following statements about secondary data is correct?

Which of the following statements about secondary data is correct? 



A. Secondary data is obtained only from sources outside of the firm.
B. Secondary data may be available much faster than primary data.
C. Results of "old" surveys are not secondary data.
D. Secondary data is usually more expensive to obtain than primary data.
E. All of the above are true.


Answer: B. Secondary data may be available much faster than primary data.


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