Which of the Following Statements Is True About Data Characteristics

question 46

Multiple Choice

Which of the following statements is true about data characteristics of quality information?

• A)Information systems that produce real-time data are less expensive than those that produce data at a later time.
• B)The timeliness of information can be measured against events.
• C)Accurate information can be conceived from inaccurate data.
• D)Data that appears on any Web page is reliable.

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Definitions:

Rate Of Return

A measure of the profit or loss of an investment over a certain period, expressed as a percentage of the investment's initial cost.

Risk Tolerance

An investor's ability or willingness to endure market volatility and the possibility of losing money in exchange for potentially higher returns.

Remainderman

A remainderman is the person or entity entitled to receive the remainder of an estate after the termination of the life estate or other interest ends.

CPI-Measured Inflation Hedge

An investment or asset that is expected to increase in value at a rate that matches or exceeds the rate of inflation as measured by the Consumer Price Index (CPI), thus preserving purchasing power.