What Is Information Richness

question 75

Multiple Choice

What is information richness?

• A) A global public network of computer networks that pass information from one to another using common computer protocols.
• B) Refers to the depth and breadth of details contained in a piece of textual, graphic, audio, or video information.
• C) Refers to the number of people a business can communicate with on a global basis.
• D) Occurs when those with access to technology have great advantages over those without access to technology.

---

Definitions:

Responsibility Accounting

A system of accounting that segments financial information by areas of responsibility, allowing managers to be held accountable for their areas' financial performance.

Managers

Managers are individuals in an organization responsible for directing and overseeing the work of a group of people towards the achievement of goals.

Residual Income

The income that exceeds the minimum rate of return, often used as a measure of the performance of investment centers within organizations.

Net Operating Income

Profit generated from a company's normal business operations, excluding deductions of interest and taxes.