Which Characteristic Is LEAST Important in Evaluating the Value of Information

question 8

Multiple Choice

Which characteristic is LEAST important in evaluating the value of information?

• A)timeliness
• B)relevance
• C)completeness
• D)consistency

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Definitions:

Reportable Segment

A component of a business that is subject to separate reporting because it engages in business activities from which it may earn revenues and incur expenses, including revenues and expenses related to transactions with other components of the same company.

Revenue Test

A method to evaluate the viability or success of a business based on its ability to generate income.

Profit Test

An examination to determine the viability and profitability of a project, product, or business scenario.

Asset Test

A measure to determine a company's ability to quickly convert its assets into cash to cover short-term liabilities.