Question 1

Organizational information has three characteristics: levels, formats, and granularities.

Accepted Answer

Organizational information can be classified into different levels of hierarchy, different formats (such as text, numbers, and images), and different levels of detail or granularity.

Question 2

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 up-to-date and available without delay, regardless of the level of detail within the information.

Question 3

Organizational information comes at the same level, formats, and granularities.

Accepted Answer

Organizational information can come at different levels, formats, and granularities, depending on the needs of the organization and the type of information being communicated.

Question 4

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 is commonly included in data governance.

Question 5

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 indeed used for operational tasks and repetitive decisions, such as analyzing daily sales reports and production schedules to determine inventory levels.

Question 6

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

Accepted Answer

Timely information does not necessarily need to be up-to-the-second; it just needs to be current enough to be relevant and useful for decision-making.

Question 7

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 8

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

Accepted Answer

Real-time systems are designed to provide immediate responses to requests, often with strict time constraints, making the information provided "real-time".

Question 9

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

Accepted Answer

This is true. The four primary traits of the value of information are type (what kind of information it is), timeliness (how quickly it's received), quality (how accurate and complete it is), and governance (how it's managed and protected).

Question 10

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

Accepted Answer

Information integrity issues can occur when there are problems with data accuracy, consistency, or duplication. These issues can lead to incorrect or unreliable information, which can have serious consequences for businesses and other organizations. It is important to maintain high standards of data quality and to use effective tools and processes to detect and address any potential integrity issues.

Question 11

Accurate information asks if there is an incorrect value in the information.

Accepted Answer

Accurate information should not contain any incorrect values, so it asks if there is any to ensure that it is indeed accurate.

Question 12

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

Accepted Answer

Detail or fine information granularities involve specific and individual data points, such as reports for each sales person, product, and part.

Question 13

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 in the information. It can vary from fine and detailed to coarse and abstract.

Question 14

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 there are information integrity issues, the manager should not rely on the accuracy of the data and should instead seek to resolve the issues before making any decisions based on the information. Using unreliable data can lead to incorrect decisions, which can have negative consequences for the organization.

Question 15

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

Accepted Answer

While timeliness and quality are important factors in determining the value of information, there are also other factors such as relevance, accuracy, and usefulness.

Question 16

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

Accepted Answer

Data governance is the comprehensive process of managing the availability, usability, integrity, and security of company data.

Question 17

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

Accepted Answer

The answer of Information integrity issues occur when the same...

Question 18

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

Accepted Answer

The answer of The four primary traits of the value...

Question 19

Organizational information has three characteristics: timeliness, quality, and governance.

Accepted Answer

Organizational information has several characteristics, including relevance, accuracy, completeness, consistency, accessibility, and effectiveness. However, timeliness, quality, and governance are not commonly included as characteristics of organizational information.

Question 20

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

Accepted Answer

Information granularity refers to the level or degree of detail in information, not its timeliness.

Quiz 6: Valuing and Storing Organizational Information Databases