Deck 6: Valuing Organizational Information

Question 1

Which of the following is not one of the five characteristics common to high-quality information?

A) Accuracy
B) Completeness
C) Quantity
D) Consistency

Answer 1

C
Explanation: Accuracy, completeness, consistency, uniqueness, and timeliness are the characteristics of high-quality information.

Question 2

What encompasses all of the information contained within a single business process or unit of work and its primary purpose is to support the performance of daily operational tasks?

A) Transactional information
B) Analytical information
C) Timeliness
D) Quality

Answer 2

A
Explanation: This is the definition of transactional information.

Question 3

What is immediate,up-to-date information?

A) Real-time information
B) Real-time systems
C) Information granularity
D) All of these

Answer 3

A
Explanation: This is the definition of real-time information.

Question 4

Which of the following implies that information is current with respect to the business requirement?

A) Uniqueness
B) Accuracy
C) Consistency
D) Timeliness

Question 5

What is it called when each transaction,entity,and event is represented only once in the information?

A) Uniqueness
B) Accuracy
C) Consistency
D) Timeliness

Question 6

Which of the following represents the different information levels?

A) Detail, summary, aggregate
B) Document, presentation, spreadsheet, database
C) Individual, department, enterprise
D) None of these

Question 7

Which of the following implies that aggregate or summary information is in agreement with detailed information?

A) Uniqueness
B) Completeness
C) Consistency
D) Accuracy

Question 8

Organizational information comes at different levels and in different formats and granularities.

Question 9

________________ achieved great success by managing information,while _________ was unsuccessful at managing information.

A) Samsung Electronics, Staples
B) Staples, Samsung Electronics
C) Office Max, Staples
D) Staples, Office Max

Question 10

What is a real-time system?

A) Provides immediate, up-to-date information.
B) Provides real-time information in feedback to query requests.
C) Encompasses all organization information, and its primary purpose is to support the performance of managerial analysis tasks.
D) Encompasses all of the information contained within a single business process or unit of work, and its primary purpose is to support the performance of daily operational tasks.

Question 11

Which of the following is an example of transactional information?

A) Trend projection
B) Sales projection
C) Purchasing stock
D) All of these

Question 12

What is one of the biggest pitfalls associated with real-time information?

A) It is only available to high-level executives due to the expense.
B) It is only available in aggregate levels of granularity.
C) It continually changes.
D) It rarely changes.

Question 13

Reports for each salesperson,product,and part are examples of detailed,or fine,information granularities.

Question 14

Which of the following represents the different information granularities?

A) Detail, summary, aggregate
B) Document, presentation, spreadsheet, database
C) Individual, department, enterprise
D) None of these

Question 15

What provides real-time information in feedback to query requests?

A) Real-time information
B) Real-time systems
C) Information level
D) All of these

Question 16

Which of the following represents the different information formats?

A) Detail, summary, aggregate
B) Document, presentation, spreadsheet, database
C) Individual, department, enterprise
D) None of these

Question 17

Which of the following is an example of transactional information?

A) Withdrawing cash from an ATM
B) Making an airline reservation
C) Purchasing stock
D) All of these

Question 18

What are the different types of information?

A) Levels, forms, granularities
B) Levels, forms, data
C) Levels, formats, granularities
D) Data, formats, granularities

Question 19

All of the following are characteristics of information except:

A) Transactional
B) Analytical
C) Timeliness
D) Quantity

Question 20

What encompasses all organizational information and its primary purpose is to support the performance of managerial analysis tasks?

A) Transactional information
B) Analytical information
C) Timeliness
D) Quality

Question 21

Purchasing stocks is an example of analytical information.

Question 22

Detail,summary,and _________ are the typical information granularities.

Question 23

Organizations use _________ information to make ad hoc decisions.

Question 24

The ________ characteristic of high-quality information ensures that each transaction,entity,and event is represented only once.

Question 25

Organizations use _______________ information to make repetitive decisions.

Question 26

The ________ characteristic of high-quality information ensures that all the values are correct.

Question 27

List,describe,and provide an example of each of the five characteristics of high-quality information.

Question 28

____________ information encompasses all organizational information,and its primary purpose is to support the performance of managerial analysis tasks.

Question 29

Transactional information is used when performing operational tasks and repetitive decisions,such as analyzing daily sales reports and production schedules to determine how much inventory to carry.

Question 30

Timely information must be up-to-the-second to be accurate.

Question 31

____________ information encompasses all of the information contained within a single business process or unit of work,and its primary purpose is to support the performance of daily operational tasks.

Question 32

List the four primary sources of low-quality information.

Question 33

Describe the broad levels,formats,and granularities of information.

Question 34

Organizational information comes in different ___________,formats,and granularities.

Question 35

Assess the impact of low-quality information on an organization and the benefits of high-quality information on an organization.

Question 36

The ________ characteristic of high-quality information ensures that none of the values are missing.

Question 37

The ________ characteristic of high-quality information ensures that the information is current with respect to the business requirement.