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What are main sources of data

Answer» Following are the two sources of data:1. Internal Source\tWhen data are collected from reports and records of the organization itself, it is known as the internal source.\tFor example, a company publishes its ‘Annual Report’ on Profit and Loss, Total Sales, Loans, Wages etc.2. External Source\tWhen data are collected from outside the organization, it is known as the external source.\tFor example, if a Tour and Travels Company obtains information on ‘KarnatakaTourism’ from Karnataka Transport Corporation, it would be known as external sources of data.


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