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The value of information is directly linked to how it helps decision makers achieve the organization’s goals. Two quality characteristics that are critical for data used in accounting for the management of company assets, such as cash, inventory, and equipment are ___________. a. flexibility and accuracy. b. security and relevancy. c. accuracy and completeness. d. relevancy and economical.

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Fundamentals of Information Systems

9th Edition
Ralph Stair + 1 other
Publisher: Cengage Learning
ISBN: 9781337097536
BuyFindarrow_forward

Fundamentals of Information Systems

9th Edition
Ralph Stair + 1 other
Publisher: Cengage Learning
ISBN: 9781337097536
Chapter 1, Problem 3SAT
Textbook Problem
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The value of information is directly linked to how it helps decision makers achieve the organization’s goals.

Two quality characteristics that are critical for data used in accounting for the management of company assets, such as cash, inventory, and equipment are ___________.

a. flexibility and accuracy.

b. security and relevancy.

c. accuracy and completeness.

d. relevancy and economical.

Program Plan Intro

Name two quality characteristics that are critical for data used in accounting for the management of company assets such as cash, inventory, and equipment.

Explanation of Solution

Every organization has some aspects related to it. Those aspects include cash, equipment, and inventory. So, the data used for these aspects is the important data. It is important to keep that data accurate and complete...

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Chapter 1 Solutions

Fundamentals of Information Systems
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Ch. 1 - Identify some of the advantages of running a...Ch. 1 - What sort of complications might be expected when...Ch. 1 - The leader of the team has asked that each member...Ch. 1 - What actions would you recommend to minimize...Ch. 1 - The value of information is directly linked to how...Ch. 1 - The value of information is directly linked to how...Ch. 1 - The value of information is directly linked to how...Ch. 1 - Information systems are composed of fundamental...Ch. 1 - Information systems are composed of fundamental...Ch. 1 - Managers have an essential role to play in the...Ch. 1 - Managers have an essential role to play in the...Ch. 1 - Information systems must be implemented in such a...Ch. 1 - Information systems must be implemented in such a...Ch. 1 - Information systems must be implemented in such a...Ch. 1 - Information systems must be implemented in such a...Ch. 1 - Information systems must be implemented in such a...Ch. 1 - Information systems must be implemented in such a...Ch. 1 - Information systems must be implemented in such a...Ch. 1 - Information systems must be implemented in such a...Ch. 1 - The information system worker functions at the...Ch. 1 - The information system worker functions at the...Ch. 1 - The information system worker functions at the...Ch. 1 - How is data different from information? How is...Ch. 1 - Identify and briefly define six characteristics...Ch. 1 - What is an information system? What is the role of...Ch. 1 - Identify the six basic components of any...Ch. 1 - What is meant by an organization’s technology...Ch. 1 - When considering the role of business managers in...Ch. 1 - Identify and briefly describe the five key...Ch. 1 - What is the difference between a value chain and a...Ch. 1 - What activities are encompassed by supply chain...Ch. 1 - What are some of the characteristics of a virtual...Ch. 1 - Identify and briefly describe the differences...Ch. 1 - Briefly define the term “business process...Ch. 1 - What is meant by continuous improvement?Ch. 1 - What is meant by the term the soft side of...Ch. 1 - Sketch and briefly describe Leavitt’s diamond.Ch. 1 - List and describe three popular job-finding Web...Ch. 1 - Describe the role of a CIO within an organization.Ch. 1 - What is meant by the term “shadow IT?Ch. 1 - What do you hope to learn from this course that...Ch. 1 - Describe how you might use information systems in...Ch. 1 - How might completing this course help you in some...Ch. 1 - Discuss a value chain of which you are a part....Ch. 1 - Discuss a virtual team of which you are a member....Ch. 1 - What things might managers in an organization do...Ch. 1 - Identify several aspects of the culture shared by...Ch. 1 - Your manager has asked for your input on ideas for...Ch. 1 - You have been asked to assess the success of a...Ch. 1 - Describe the advantages and disadvantages of using...Ch. 1 - Assume you are a member of a committee responsible...Ch. 1 - Identify several personal characteristics needed...Ch. 1 - Figure 1.13 presents the occupational outlook...Ch. 1 - Create a table that lists 10 or more possible...Ch. 1 - Use presentation software to create a set of three...Ch. 1 - Computerworld does an annual survey to identify...Ch. 1 - Do research on the Web to learn about how...Ch. 1 - Go to the Web site for the U.S. Bureau of Labor...Ch. 1 - In the Career Exercises section found at the end...Ch. 1 - For you, what would be the most positive aspects...Ch. 1 - Use presentation software (e.g., Microsoft...Ch. 1 - Other than selling more cars, what potential...Ch. 1 - What responsibilities does BMW have to its...Ch. 1 - Visit a BMW showroom and spend time with one of...Ch. 1 - Develop a force field analysis that approximates...Ch. 1 - The high cost of implementing changes to...Ch. 1 - Do research to determine the current status of PTC...

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