For each of the data quality attributes listed in Table 6-1, discuss a business scenario that would
Question:
For each of the data quality attributes listed in Table 6-1, discuss a business scenario that would be harmed if data did not have the data attribute. As you prepare these scenarios, are there other attributes of data that should be added to Table 6-1? If so, why?
Transcribed Image Text:
TABLE 6-1 Attributes of High-Quality Data Attribute Definition Accurate Correct; free of error; accurately represents events and activities Complete Consistent Timely Valid Does not omit aspects of events or activities; of enough breadth and depth Presented in same format over time Provided in time for decision makers to make decisions Data measures what it is intended to measure; conforms to syntax rules and to requirements Example of Violation of Attribute A sale occurred on December 27 but is re- corded as occurring the following year on January 4. An annual evaluation of vendor performance only contains 7 months of data. A company switches the denomination of amounts (e.g., thousands, millions, etc.) irregularly. Customer purchasing metrics are 2 years old. There are only 7 unique job positions at a company but 9 different positions are at- tributed to employees-2 answers are not valid.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 61% (13 reviews)
Included in the table are examples of answers that can satisfy this question Other answers are acceptable but should clearly link the attribute to a b...View the full answer
Answered By
Utsab mitra
I have the expertise to deliver these subjects to college and higher-level students. The services would involve only solving assignments, homework help, and others.
I have experience in delivering these subjects for the last 6 years on a freelancing basis in different companies around the globe. I am CMA certified and CGMA UK. I have professional experience of 18 years in the industry involved in the manufacturing company and IT implementation experience of over 12 years.
I have delivered this help to students effortlessly, which is essential to give the students a good grade in their studies.
3.50+
2+ Reviews
10+ Question Solved
Related Book For
Accounting Information Systems
ISBN: 9781292353364
15th Global Edition
Authors: Marshall B. Romney, Paul J. Steinbart
Question Posted:
Students also viewed these Business questions
-
1. How strong are the competitive forces confronting J. Crew in the market for specialty retail? Do a [Michael Porter] five-forces analysis to support your answer. (see chapter 3 in the textfor...
-
List three specific parts of the Case Guide, Objectives and Strategy Section (See below) that you had the most difficulty understanding. Describe your current understanding of these parts. Provide...
-
BACKGROUND You are an information analyst working for NEE. The company president has asked you to prepare a Quantitative analysis of financial, sales, and operations data to help determine which...
-
PLEASE, PLEASE use an Excel formula:1. Begin the formula with an = sign.2. Reference cells, instead of entering values.Example: =PV(H8+H9) A company borrowed money from a local bank. The note the...
-
The president of Allpurpose Loan Company had a genuine dislike for external auditors. Almost any conflict generated a towering rage. Consequently, the company changed auditors often. Wells & Ratley...
-
Iodine is an example of a. an inert gas b. an alkali metal c. a halogen d. a compound
-
What information should you attempt to obtain from the client during an initial interview? Why is this information important?
-
Safe Now sells its main product, ergonomic mouse pads, for $13 each. Its variable cost is $5.30 per pad. Fixed costs are $220,000 per month for volumes up to 65,000 pads. Above 65,000 pads, monthly...
-
Pantheon Capital, S.A. If Pantheon Capital, S.A. is raising funds via a medium-term euronote with the following characteristics, how much in dollars will Pantheon receive for each $1,000 note sold?...
-
Companies are increasingly operating throughout the entire world. As such, the data that companies collect can differ based on the country where the data is captured. This chapter identified two...
-
The following is a list of costs incurred by several businesses: a. Cost of fabric used by clothing manufacturer b. Maintenance and repair costs for factory equipment c. Rent for a warehouse used to...
-
A company has purchased a piece of equipment for $300,000. Tax codes indicate that the service life of this piece of equipment is 8 years with a salvage value of $50,000 at the end of the service...
-
What are the primary advantages of resolving a case through alternative dispute resolution methods rather than going to trial? In what situations might a trial be preferable?
-
Update the head coaching situation in the NFL. How has the number of head coaches of color changed since this books printing? Has the NFLs Rooney Rule been changed? Discuss why you believe the...
-
A friend has asked you for help. She is an entrepreneur and would like to start a company to pursue her dream of designing and selling a line of childrens toys. She has heard the term stakeholder...
-
Please calculate the kurtosis for the rates of return for JNJ and S&P 500 during the period 19892009. Refer to Table 2.4, in which data on rates of return for JNJ, Merck, and S&P 500 during the...
-
How helpful is it that jurisdiction of the International Court of Justice is voluntary? Does this completely undermine the credibility or usefulness of the court? What are the advantages and...
-
The total benefits of the COMMIT program which is designed to encourage school children to commit themselves to a life free of drug addiction has been estimated to be B = 800q - 4q2, where q is the...
-
Before the latest financial crisis and recession, when was the largest recession of the past 50 years, and what was the cumulative loss in output over the course of the slowdown?
-
You are the systems analyst for the Wee Willie Williams Widget Works (also known as Dub 5). Dub 5 has been producing computer keyboard components for more than 20 years and has recently signed an...
-
Contrast the logical and the physical views of data, and discuss why separate views are necessary in database applications. Describe which perspective is most useful for each of the following...
-
The relational data model represents data as being stored in tables. Spreadsheets are another tool that accountants use to employ a tabular representation of data. What are some similarities and...
-
Blossom Design provided the following budgeted information for April through July: April May June July Projected sales $128960 $152520 $142600 $163680 Projected merchandise purchases $101680 $114080...
-
Find all triples of positive integers a
-
Consider each given algebraic statement. i) Classify each as an equation or an expression. ii) For each expression classify it as polynomial, monomial, binomial, trinomial, and/or none of these. iii)...
Study smarter with the SolutionInn App