Question: Data must be converted into information to be considered usefol and meaningsfol for decision - making. There are manyecharacteristics that make information both useful and

Data must be converted into information to be considered usefol and meaningsfol for decision

-

making. There are manyecharacteristics that make information both

useful and meaningfill. If information is free from error or bias and accurately represents the events or activities of the organization, it possesses which of the

following characteristics?

Reliability

Retevanty

Timeliness

Understandability

Data must be converted into information to be considered usefol and

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

Question 1 Identify the item below that is not one of the four different types of data processing activities. deleting reading creating using Question 2 All of the following are advantages of an ERP...

Data must be converted into information to be considered useful and meaningful for decision making. There are 14 characteristics that make information both useful and meaningful. If the information...

Data must be converted into information to be considered useful and meaningful for decision making. There are 1 4 characteristics that make information both useful and meaningful. If the same...

17. A company charts what happens to the number of items sold when competitors offer price for the same item. What is the purpose of this type of vis? A. Comparison B. Correlation C. Distribution D....

Data must be converted into information to be considered useful and meaningful for decision making. There are 1 4 characteristics that make information both useful and meaningful. If information is...

) Data must be converted into information to be considered useful and meaningful for decision making. There are seven characteristics that make information both useful and meaningful. If information...

Kindly provide answer and supporting workings for Qn 1b & Qn 3a,3b for ACC217. ACC217 Accounting Information Systems Assignment 2 - Group-based Assignment January 2017 Presentation ACC217 Assignment...

D) The value of information can best be determined by A) its usefulness to decision makers. B) its relevance to decision makers C) the benefits associated with obtaining the D) the extent to which it...

Questions: Authors Message. Highlight two or three of the authors major ideas from the chapter that resonate with you. Applying the information: How do these ideas affect you personally? What are the...

Suppose that X1, . . . , Xn form a random sample from the normal distribution with unknown mean and known variance 2. Let stand for the c.d.f. of the standard normal distribution, and let 1 be its...

Michael works in the accounting department of a local footwear manufacturer that specializes in clogs and boots. Clogs and boots typically sell for $100 and $190 per pair, respectively. Based on past...

Brief Exercise 8-26 Calculating Price by Applying a Markup Percentage to Cost Integrity Accounting Firm provides various financial services to organizations. Integrity has decided to price its jobs...

Questions Q1. Write a Python program to retrieve the first and last colors from the following list: color_list = ["red", "green", "white", "blue", "black") Q2. Given the following dictionary,...

| What is it that I am authentically interested in accomplishing?

5. Brainstorm a list of principles or lessons learned from the examples discussed in your group. How might these principles and lessons help you with future job searches and career planning?

- Does the mission or purpose of your company make you feel that your job is important?