Which of the following statements is true of data characteristics in the context of information systems?
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

Data should have an appropriate relationship between its cost and value. This means that the cost of collecting, storing, and managing the data should not exceed the value that the data provides. In other words, data should be worth the effort and cost required to obtain it. The other statements are not necessarily true. Data generated should be sufficient, not necessarily in excess. Data should be relevant to both the context and subject. Freely available data may not always be accurate or timely.

Which of the Following Statements Is True of Data Characteristics