Ch6

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. -True -False

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

Organizational information comes in different levels, formats, and granularities. -True -False

Which of the following is a characteristic of information? -Type (Transactional & Analytical) -Timeliness -Quality -All of the above

What is immediate, up-to-date information? -Real-time information -Real-time systems -Information granularity -All of the above

What are the different types of information? -Levels, forms, granularities -Levels, formats, granularities -Levels, forms, data -Data, formats, granularities

Which of the following implies that information is current with respect to the business requirements? -Timeliness -Consistency -Accuracy -Uniqueness

Which of the following implies that aggregate or summary information is in agreement with detailed information? -Uniqueness -Accuracy -Consistency -Timeliness -Completeness

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

Which of the following represents the different information levels? -Detail, summary, aggregate -Document, presentation, spreadsheet, database -Individual, department, enterprise -None of the above

What encompasses all organizational information and its primary purpose is to support the performing of managerial analysis tasks? -Quality -Transactional information -Timeliness -Analytical information

Transactional information encompasses all organizational information and its primary purpose is to support the performing of managerial analysis tasks. -True -False

The uniqueness characteristic of high-quality information ensures that all the values are correct. -True -False

Which of the following represents a level of information within an organization? -Individual -All of the above -Department -Enterprise

What is one of the biggest pitfalls associated with real-time information? -It continually changes. -It is only available in aggregate levels of granularity. -It is only available to high-level executives due to the expense. -It rarely changes

Organizations use transactional information to make repetitive decisions. -True -False

Which of the following is an example of transactional information? -Trend projection -Sales projection -Purchasing stock -All of the above

What provides real-time information in response to query requests? -Real-time information -Real-time systems -Information level -All of the above

Which of the following is not one of the five characteristics common to high quality information? -Quantity -Accuracy -Completeness -Consistency

All of the following are characteristics of information, except: -Timeliness -Analytical -Quantity -Transactional

What encompasses all of the information contained within a single business process or unit of work, and its primary purpose is to support the performing of daily operational tasks? -Analytical information -Transactional information -Quality -Timeliness

Which of the following represents the different information granularities? -Detail, summary, aggregate -Document, presentation, spreadsheet, database -Individual, department, enterprise -None of the above

What is it called when each transaction, entity, and event is represented only once in the information? -Uniqueness -Consistency -Timeliness -Accuracy

Which of the following represents the different information formats? -Individual, department, enterprise -Detail, summary, aggregate -Document, presentation, spreadsheet, database -None of the above

___________ achieved great success by managing information. -Office Max -AT&T -Staples -Samsung Electronics

Purchasing stocks is an example of analytical information. -True -False

The completeness characteristic of high-quality information ensures that there are no missing data values. -True -False

What is a real-time system? -Encompasses all organization information, and its primary purpose is to support the performing of managerial analysis tasks -Provides immediate, up-to-date information -Encompasses all of the information contained within a single business process or unit of work, and its primary purpose is to support the performing of daily operational tasks -Provides real-time information in response to query requests

Which of the following is an example of transactional information? -Withdrawing cash from an ATM -Making an airline reservation -Purchasing stock -All of the above

Organizations use analytical information to make ad hoc decisions. -True -False

Match the the following characteristics of high quality information with their definition. ____Accuracy ____Timeliness ____Consistency ____Completeness ____Uniqueness