Robert is a strategic planner for a consulting firm. He receives countless reports for daily analysis, but
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Robert is a strategic planner for a consulting firm. He receives countless reports for daily analysis, but he avoids being inundated with information by selecting only the few reports that actually serve his purpose. Which principle of data characterization is Robert following?
Freely available data is always accurate and timely.
Collecting as much data as possible is always preferable.
Information should be just barely sufficient for its purpose.
Data that arrives after a prolonged period of time is of the highest quality.
Information needs to be relevant to the subject, not necessarily to the context.
Related Book For
Fundamentals of Cost Accounting
ISBN: 978-0077398194
3rd Edition
Authors: William Lanen, Shannon Anderson, Michael Maher
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