Which of the following statements is/are true?
i. Accurate but irrelevant information is still useful for decision making.
ii. Relevant, accurate, but not timely information is not useful in decision making.
iii. Relevant information that is known to have some weaknesses in accuracy still is useful in decision making.

Question

Quizplus · Accepted Answer

ii. Relevant, accurate, but not timely information can lose its utility for decision making because decisions often need to be made within certain time frames. iii. Relevant information, even with some accuracy issues, can still be useful for decision making as it can provide insights or trends that are valuable for making informed decisions.

Which of the Following Statements Is/are True