Question: One size fit all' Does this apply as far as characteristics are concerned or is it likely that some characteristics may be more important to

One size fit all' Does this apply as far as characteristics are concerned or is it likely that some characteristics may be more important to one organisation and not so important to another. 14 Characteristics that make information useful, a qualitative measure. 1. Access Restricted - limit to authorised parties. 2. Accurate - accurate, correct, and free of error. 3. Available - available to users when needed. 4. Reputable - perceived as true and credible. 5. Complete - does not omit important aspects of events or activities. 6. Concise - clear, succinct, brief, but comprehensive. 7. Consistent - presented in the same format over time. 8. Current - up to the present data and time. 9. Objective - unbiased, unprejudiced, and impartial. 10. Relevant - reduces uncertainty and improves decision-making. 11. Timely - provided in time for decision-makers to make decisions. 12. Useable - easy to use for different tasks. 13. Understandable - easily comprehended and interpreted. 14. Verifiable - two independent people can produce the same information

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!

One size fit all' Does this apply as far as characteristics are concerned or is it likely that some characteristics may be more important to one organisation and not so important to another

Hello, I am writing a book review I was wondering if I could get it pre proof by on of your experts , and if possible check for plagiarism ? I need help for grammar errors, punctuation and check for...

Do not copy from previous works. Use your own words. Explain in very details. Pick any corporation you are familiar with and identify one of the competitive tactics it uses from this week's reading...

Chapter 1 Location \"Location, Location, Location!\" Chapter Objectives On completion of this chapter the reader will understand: The influence that location has on occupancy The relationship between...

Corporate governance and environmental reporting: an Australian study Kathyayini Kathy Rao, Carol A. Tilt and Laurence H. Lester Kathyayini Kathy Rao is a Post Graduate Research Student and Carol A....

HIS HONOUR: The plaintiff is a Vigneron and the defendant a supplier of corks. In 1983 the plaintiff placed with the defendant an order for the supply of "500,000 only 45 x 24 Superior plain treated...

Journal article Analysis on Ethical leadership Please write introduction summary and discussion. ethical leadership Given prominent ethical scandals in virtually every type of organization, the...

07-043 March 13, 2008 Eli Lilly: Recreating Drug Discovery for the 21st Century Rebecca Henderson and Cate Reavis The rise of personalized medicine is one of the most important developments in health...

Ashford 5: - Week 4 - Assignment Principles of Effective Intervention There are four general principles of effective intervention that have become organizing concepts of community corrections. They...

A diffraction grating 20.0 mm wide has 6000 rulings. Light of wavelength 589 nm is incident perpendicularly on the grating. What are the (a) Largest, (b) Second largest, and (c) Third largest values...

Fiorella and Sanchez, physicians, budgeted for the following revenue and expenses for September: Depreciationequipment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $...

4. Using your answers from question 3 a , calculate the APC and the APS.

8. General product-related attributes such as product usage and loyalty can be used to segment consumer markets but not industrial markets. True False Answer: : 9. In today's market, there is an...

1. The concepts that are used to describe social situations are mental constructions.

The facts rule: We have a tendency to have more confidence in information that is documented with figures than information that isnt.

The permanence rule: We tend to have more confidence in information that is of a more permanent nature than information that is of a temporary nature.