Factors that affect information quality in operating decisions include: I. Uncertainties
II. Timeliness
III. Analysis technique assumptions
IV. Overall cost structure
A) I, III, and IV only
B) II, III, and IV only
C) I, II, and III only
D) I and IV only

Question

Quizplus · Accepted Answer

Uncertainties, timeliness, and analysis technique assumptions all directly impact the quality of information used in operating decisions. Uncertainties can lead to incomplete or inaccurate information, timeliness ensures information is relevant and up-to-date, and assumptions in analysis techniques can affect the reliability of the information. Overall cost structure is more related to financial decisions rather than the quality of information.

Factors That Affect Information Quality in Operating Decisions Include: I