Show Recommended textbook solutions Numerical Analysis9th EditionJ. Douglas Faires, Richard L. Burden 873 solutions Elementary Differential Geometry2nd EditionBarrett O'Neill 297 solutions Elementary Number Theory5th EditionKenneth H. Rosen 1,646 solutions The Heart of Mathematics4th EditionEdward B. Burger, Michael Starbird 1,757 solutions Recommended textbook solutionsBook of Proof2nd EditionRichard Hammack 340 solutions Numerical Analysis9th EditionJ. Douglas Faires, Richard L. Burden 873 solutions How to Prove It: A Structured Approach2nd EditionDaniel J. Velleman 432 solutions Mathematical Proofs3rd EditionAlbert D. Polimeni, Gary Chartrand, Ping Zhang 999 solutions Characteristics of good quality information can be defined as an acronym ACCURATE. These characteristics are interrelated; focus on one automatically leads to focus on other. AccurateInformation should be fair and free from bias. It should not have any arithmetical and grammatical errors. Information comes directly or in written form likely to be more reliable than it comes from indirectly (from hands to hands) or verbally which can be later retracted. CompleteAccuracy of information is just not enough. It should also be complete which means facts and figures should not be missing or concealed. Telling the truth but not wholly is of no use. Cost-beneficialInformation should be analysed for its benefits against the cost of obtaining it. It business context, it is not worthwhile to spend money on information that even cannot recover its costs leading to loss each time that information is obtained. In other contexts, such as hospitals it would be useful to get information even it has no financial benefits due to the nature of the business and expectations of society from it. User-targetedInformation should be communicated in the style, format, detail and complexity which address the needs of users of the information. Example senior managers need brief reports which enable them to understand the position and performance of the business at a glance, while operational managers need detailed information which enable them to make day to day decisions. RelevantInformation should be communicated to the right person. It means person which has some control over decisions expected to come out from obtaining the information. AuthoritativeInformation should come from reliable source. It depends on qualifications and experience and past performance of the person communicating the information. TimelyInformation should be communicated in time so that receiver of the information has enough time to decide appropriate actions based on the information received. Information which communicates details of the past events earlier in time is of less importance than recently issued information like newspapers. What is timely information depends on situation to situation. Selection of appropriate channel of communication is key skill to achieve. Easy to UseInformation should be understandable to the users. Style, sentence structure and jargons should be used keeping the receiver in mind. If report is targeted to new-comer in the field, then it should explain technical jargons used in the report. Reference:Murtala, L (2012) ACCA: Training course notes [online]. Available at: http://accalecturenotes.blogspot.com/2011/03/characteristics-of-good-quality.html [Accessed 28 October 2014]. What is a critical characteristic of good information?Q5 – What are the Characteristics of Good Information? Accurate – good information is based on correct and complete data, and it has been processed correctly as expected. Accuracy is crucial; managers must be able to rely on the results of their information systems.
Which of the following are characteristics of good information?Good quality information is:. Relevant. Information obtained and used should be needed for decision-making - it doesn't matter how interesting it is. ... . Up-to-date. Information needs to be timely if it is to be actioned. ... . Accurate. ... . Meeting user needs. ... . Easy to use and understand. ... . Worth the cost. ... . Reliable.. What are the 5 characteristics of good information?So, how do you determine the quality of a given set of information? There are data quality characteristics of which you should be aware. There are five traits that you'll find within data quality: accuracy, completeness, reliability, relevance, and timeliness – read on to learn more.
What are the 7 characteristics of information?Characteristics of information. Subjectivity: The value and usefulness of information are highly subjective, because what is information for one person may not be for another.. Relevance: ... . Timeliness: ... . Accuracy: ... . Correct information format: ... . Completeness: ... . Accessibility:. |
Which of the following is a critical characteristics of good information?
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