Inventory Information Is Provided in Real Time by a Firm's

question 83

Multiple Choice

Inventory information is provided in real time by a firm's accounting information system.The accuracy of this information is questionable,however,since the production manager often reports stock outs of components that the system indicates are in stock.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

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Definitions:

Relevant Course Materials

Resource materials that are directly related to the content and objectives of a specific course.

Technological Determinism

Is the belief that technology is the main factor shaping human society and history.

Normal Accident

A theory suggesting that in complex systems, accidents are inevitable due to the intricate interactions among components.

Risk Society

A risk society is a society defined by the way risk is distributed as a side effect of technology.