Achieving Perfect Information Is Almost Impossible

question 40

Multiple Choice

Achieving perfect information is almost impossible.The more complete and accurate an organization wants its information to be,the more it costs.Which two variables are used to determine the trade-off for perfect information?

• A) Accuracy versus completeness.
• B) Accessibility versus completeness.
• C) Accuracy versus complexity.
• D) Accessibility versus complexity.

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Definitions:

Defense Mechanism

Psychological strategies that individuals unconsciously use to protect themselves from anxiety arising from unacceptable thoughts or feelings.

Induction

A method of reasoning in which general principles are derived from specific observations, opposite of deduction.

Psychogenic

Refers to symptoms or conditions that originate from mental or emotional causes rather than physical ones.

Repression

Repression is a psychological defense mechanism where unpleasant thoughts, memories, or desires are kept out of conscious awareness.