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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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Principles of Information Systems ...
13th Edition
Ralph Stair + 1 other
Publisher: Cengage Learning
ISBN: 9781305971776
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Section
BuyFindarrow_forward
Principles of Information Systems ...
13th Edition
Ralph Stair + 1 other
Publisher: Cengage Learning
ISBN: 9781305971776
Chapter 1, Problem 3SAT
Textbook Problem
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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 Description Answer
“Accuracy and completeness” are two feature characteristics that are critical for the data used in accounting for the management of company assets like inventory, cash and equipment.
Hence, the correct answer is “C”.
Explanation of Solution
Accuracy and completeness:
- Accuracy and completeness are two necessary characteristics of a decision which is the quality of the information used to reach that decision.
- On the other hand, Accuracy and completeness are two feature characteristics that are critical for data used in accounting for the management of company assets like inventory, cash and equipment.
Explanation for incorrect options:
Flexibility and accuracy:
Flexibility and accuracy are the features of quality information. Flexible information can be used for different purposes and the accurate information is mistake free.
Hence option “A” is wrong...
Chapter 1 Solutions
Principles of Information Systems (MindTap Course List)
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