In the context of the characteristics determining the quality of information indispensible for effective control,identify the correct statement.
A) All data collected for control purposes are equally useful in managerial operations and decisions.
B) Control actions can be based on inaccurate information when valid information is difficult to collect.
C) For effective control, information must arrive on time to those who can take action and make any required changes.
D) Effective control systems find accurate data useful even if they arrive very late.

Question

Quizplus · Accepted Answer

Information arriving on time is crucial for effective control as it allows for timely decision-making and action-taking. A, B, and D are incorrect as they promote the use of inaccurate or late data, which can lead to poor control decisions and ineffective managerial operations.

In the Context of the Characteristics Determining the Quality of Information