A Frantic Barney Rubble Lost a Large Sale Because He

question 52

Short Answer

A frantic Barney Rubble lost a large sale because he could not access the system to verify the inventory was in stock and ready to be shipped.Which of the following characteristics of useful information is absent in the situation described above?
A)relevant
B)reliable
C)complete
D)timely
E)understandable
F)verifiable
G)accessible

• A)relevant
• B)reliable
• C)complete
• D)timely
• E)understandable
• F)verifiable
• G)accessible

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Definitions:

Consumer Price Index

An evaluative measure that calculates the weighted mean cost of a range of consumer services and goods, from food to medical care and transportation.

Purchasing Power

The real value of money, reflecting the quantity of goods or services that one unit of money can buy, inversely related to the level of prices in the economy.

Producer Price Index

An economic measure reflecting the average rate of change in the prices at which domestic producers sell their goods over time.

Consumer Price Index

A tool that analyzes the weighted mean prices for an assortment of consumer necessities, such as healthcare, transportation, and food items.