Describe accurate information. Why is an information system that provides accurate information crucial to an organization?
What will be an ideal response?
Good information is accurate information, which is based on correct and complete data, and it has been processed correctly as expected. Accuracy is crucial; business professionals must be able to rely on the results of their information systems. The IS function can develop a bad reputation in an organization if a system is known to produce inaccurate data. In such a case, the information system becomes a waste of time and money as users develop work-arounds to avoid the inaccurate data.
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Which of the following is the correct order of the four steps of tracking product costs?
A) assign ? accumulate ? allocate ? adjust B) accumulate ? assign ? allocate ? adjust C) adjust ? allocate ? accumulate ? assign D) allocate ? adjust ? accumulate ? assign
Right-to-work laws
a. are a thing of the past. b. are federal laws that override state laws. c. exist in nearly all 50 states. d. None of the above.