What distinguishes information hierarchy from data collection? (a) All data holds equal importance (b) Structured relationships determine reporting significance (c) Collection methods define value (d) Hierarchies create confusion no wrong answer
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What distinguishes information hierarchy from data collection? (a) All data holds equal importance (b) Structured relationships determine reporting significance (c) Collection methods define value (d) Hierarchies create confusion no wrong answer
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- Which of the following is not a factor involved in communicating useful information? a) Process by which the information is analyzed b) Attributes of the users c) Purpose for which the information will be used d) All of the other answers are factors.When describing “Materiality” the concept refers to Select one: a. the tangible nature of an item. b. representational faithfulness. c. the decision-making relevance of a piece of information. d. None of these describe materiality.Explains the difference if we prioritize Information Systems (A) first.
- When should modified attribute mapping replace standard classification? (A) Complex characteristics demand specialized categorization (B) Simple categories work universally (C) Standards fit all situations (D) Modifications waste time. General accountingHelpWhen should modified attribute mapping replace standard classification? Want answer for this Accounting MCQ. (A) Complex characteristics demand specialized categorization (B) Simple categories work universally (C) Standards fit all situations (D) Modifications waste time
- what is the difference between internal and external users of information, their needs and demands on an information systemsHow does the Representational faithfulness is enhanced if information is free from error?The objectives of the data collection activity of the general model for Accounting Information Systems are to collect data that are a. relevant and redundant. b. efficient and objective. c. efficient and redundant. d. efficient and relevant.