Question 1

Information integrity issues occur when the same data element has different values.

Accepted Answer

False

Question 2

Information quality refers to the extent of detail within the information (fine and detailed or coarse and abstract).

Accepted Answer

Information quality refers to the accuracy, reliability, and relevance of the information, not just the level of detail it contains.

Question 3

Information granularity refers to the extent of detail within the information (fine and detailed or coarse and abstract).

Accepted Answer

Information granularity refers to the level of detail or abstraction in the information presented, where it can range from very fine and detailed to very coarse and abstract.

Question 4

Real-time information refers to the extent of detail within the information (fine and detailed or coarse and abstract).

Accepted Answer

Real-time information refers to information that is delivered immediately after collection, without significant delay, ensuring that it is current and up-to-date, rather than the extent of detail within the information.

Question 5

Information granularity means immediate, up-to-date information.

Accepted Answer

Information granularity refers to the level of detail or depth of the information provided, not its immediacy or update frequency.

Question 6

There are only two main primary traits that help you determine the value of information: timeliness and quality.

Accepted Answer

In addition to timeliness and quality, other primary traits that determine the value of information include relevance, completeness, and accuracy.

Question 7

Reports for each sales person, product, and part are examples of information granularities.

Accepted Answer

Information granularity refers to the level of detail or depth of the information provided, and reports for each sales person, product, and part represent detailed, specific levels of information granularity.

Question 8

If a manager identifies numerous information integrity issues, he should consider the reports generated from that data as invalid and not use them when making decisions.

Accepted Answer

If the data has integrity issues, it may be inaccurate or incomplete, leading to unreliable reports and potentially poor decision-making.

Question 9

The four primary traits of the value of information are levels, formats, granularities, and type.

Accepted Answer

The four primary traits of the value of information are actually accuracy, completeness, consistency, and timeliness.

Question 10

Real-time systems provide real-time information in response to requests.

Accepted Answer

Real-time systems are designed to provide information or perform actions within a guaranteed time frame, responding to requests with minimal delay, thus ensuring timely and up-to-date information or control.

Question 11

Data governance refers to the overall management of the availability, usability, integrity, and security of company data.

Accepted Answer

Data governance encompasses the processes, policies, standards, and metrics that ensure the effective and efficient use of information in enabling an organization to achieve its goals. It involves the management of data's availability, usability, integrity, and security.

Question 12

Master data management (MDM) is the practice of gathering data and ensuring that it is uniform, accurate, consistent, and complete, including such entities as customers, suppliers, products, sales, employees, and other critical entities that are commonly integrated across organizational systems. MDM is commonly included in data governance.

Accepted Answer

Master Data Management (MDM) indeed focuses on the management of core business entities (such as customers, products, employees, etc.) to ensure their data is accurate, consistent, and complete across the organization, and it is a key component of data governance strategies, which aim to manage data's accuracy, availability, and usability within an organization.

Question 13

Information has three characteristics: levels, formats, and granularities.

Accepted Answer

Information indeed has three key characteristics: levels (strategic, tactical, operational), formats (text, graphics, video, etc.), and granularities (detail level, from summary to highly detailed information).

Question 14

Information has three characteristics: timeliness, quality, and governance.

Accepted Answer

Information has several key characteristics beyond timeliness, quality, and governance, including accuracy, completeness, relevance, and reliability, among others.

Question 15

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.

Accepted Answer

Transactional information is specifically designed for managing and executing operational tasks and making routine decisions, such as analyzing daily sales and production schedules to determine inventory levels.

Question 16

Data governance is the practice of gathering data and ensuring that it is uniform, accurate, consistent, and complete, including such entities as customers, suppliers, products, sales, employees, and other critical entities that are commonly integrated across organizational systems.

Accepted Answer

The answer of Data governance is the practice of gathering...

Question 17

Information comes at the same level, formats, and granularities.

Accepted Answer

Information can vary greatly in level, format, and granularity depending on its source, purpose, and the context in which it is used.

Question 18

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

Accepted Answer

Accuracy and timeliness are related but distinct concepts; information can be accurate without being up-to-the-second, as accuracy depends on the correctness of the information, not necessarily on its immediacy.

Question 19

The four primary traits that help determine the value of information are type, timeliness, quality, and governance.

Accepted Answer

The question correctly states the four primary traits that help determine the value of information: type, timeliness, quality, and governance.

Question 20

Information integrity issues occur when a system produces incorrect, inconsistent, or duplicate data.

Accepted Answer

Information integrity issues refer to problems that arise when data within a system is inaccurate, inconsistent, or contains duplicates, leading to unreliable information output.

Quiz 6: Valuing and Storing Organizational Informationdatabases