Information Management Examines the Organizational Resource of Information and Regulates

question 103

True/False

Information management examines the organizational resource of information and regulates its definitions, uses, value, and distribution ensuring it has the types of data/information required to function and grow effectively.

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Definitions:

Asset Test

A financial ratio or test used to determine the ability of a company to meet its debt obligations by converting its assets into cash.

Operating Segments

Parts of an organization that engage in business activities from which they may earn revenues and incur expenses, including revenues and expenses related to transactions with other components of the same organization.

Reportable

Pertaining to information or data that must be officially reported or disclosed, typically in compliance with legal or regulatory requirements.