Which of the Following Would Not Be Considered Part of the Timely

question 181

Multiple Choice

Which of the following would not be considered part of the timely characteristic of high-quality information?

• A)Is the zip code missing in the address?
• B)Is the information current with respect to business needs?
• C)Is the customer address current?
• D)Is the information updated weekly or hourly?

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Definitions:

Information and Communication Technologies

An umbrella term that includes all technologies for the manipulation and communication of information.

Equity Method

An accounting technique used by companies to assess the profits earned by their investments in other companies by reporting these profits as income.

Retained Earnings

Cumulative net income of a company that has not been distributed to shareholders as dividends, reinvested in the business.

Non-Controlling Interest

The equity in a subsidiary not attributable, directly or indirectly, to a parent company.