Timely Approximate Information Is Generally More Desirable as a Basis

question 38

True/False

Timely approximate information is generally more desirable as a basis for strategy evaluation than accurate information that does not depict the present.

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Definitions:

Business Intelligence

The technologies and strategies used by organizations for data analysis of business information to support better business decision-making.

Aggregation

The process of summing or combining various elements or data points to form a whole or to facilitate analysis.

Security Features

Measures or mechanisms implemented to protect data, physical locations, or software from unauthorized access or harm.

Data Security

The practices and processes used to protect digital information from unauthorized access, corruption, or theft.