Inventory information is provided in real time by a firm's accounting information system.The accuracy of this information is questionable,however,since the production manager often reports stock outs of components that the system indicates are in stock.Which of the following characteristics of useful information is absent in the situation described above?
A) Relevant
B) Reliable
C) Complete
D) Timely
E) Understandable
F) Verifiable
G) Accessible

Question

Quizplus · Accepted Answer

The characteristic that is absent in this situation is reliability. The fact that the production manager reports stock outs of components that the system indicates are in stock indicates that the inventory information may not be reliable.

Inventory Information Is Provided in Real Time by a Firm's