In the context of information systems, which of the following statements is True of data characteristics?
A) Data generated should be in excess of what is required.
B) An appropriate relationship should exist between the cost of data and its value.
C) Data should be relevant to the context, not necessarily to the subject.
D) Freely available data is always accurate and timely.

Question

Quizplus · Accepted Answer

The statement that an appropriate relationship should exist between the cost of data and its value is true. This means that the value provided by the data should justify the cost of acquiring and managing it. The other statements are false. Data generated should be just enough for the intended purpose and not in excess, data should be relevant to the subject/context, and freely available data may not always be accurate or timely.

In the Context of Information Systems, Which of the Following