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In 2015,Singh Manufacturing implemented a Web-based information system that allows all employees to access mission-critical information.The intention was to increase production efficiency.Unfortunately,it had the opposite effect,as deliveries fell behind schedule and costs increased.Shaman Gupta,the director of information technology services,asked Ashlee Wells to come in and talk with him about the system.Ashlee is a long-time employee of Singh,and her opinion is valued by her peers and by her supervisor.
"So Ashlee,how's it going down there in the shop?"
"Not so good,Shaman.Used to be we got a weekly pick list so we knew how to plan production.Now,we got that computer system.Most of us can't figure out how to use it to do our jobs.Is there some way to print out a pick list?"
Shaman thought for a while before responding."Well,Ashlee,to tell you the truth,I'm not so sure how to do it myself,but there must be a way.We'll bring in the consultants that helped us build the system.Maybe they can help."
Which of the following characteristics of useful information is absent in the situation described above?
Liquidity
Refers to how quickly an asset can be converted to cash. Liquid assets can be converted to cash quickly, whereas illiquid assets cannot.
Operating Cycle
The period of time it takes for a business to purchase inventory, sell products, and receive cash from sales.
Average Payment Period
The average amount of time it takes a company to pay off its accounts payable.
Current Ratio
A company’s current assets divided by its current liabilities.
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