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Please help match the following by matching the letter of the information qualit

ID: 2410017 • Letter: P

Question

Please help match the following by matching the letter of the information quality that best describes the information quality violation presented in the second column. Some letters may not be used at all and some may be used more than once.
9 out of 15 points Match the items in the following two lists by matching the letter of the 2 second column. Some letters may not be used at all and some may be used more than once. Question Match At Belmont, Inc., warehouse personnel write the picked quantity on the picking ticket as the goods are picked from the shelf. These clerks . Accuracy are not very careful, and the recorded picked quantities are often wrong. Garth Company has been recording shipments of goods that were not ordered by their customers. a. Validity Inc. are entered into PCs in the shipping dock and the office, and some shipments do not get entered. Completeness ed to the accounting system, The clerks are supposed to enter a code c. Relevance into a field to indicate if the order was mailed, faxed, or phoned in. But they do not always enter this code. Consequently, data on the recorded orders regarding the type of order is not reliable Caroline in the shipping department has been given the job of monitoring shipments to make sure that they are shipped in a timely manner. d. Timeliness To do this, she uses a monthly report of items ordered but not shipped in the past month.

Explanation / Answer

Solution:

A) Faithful representation

B) Relevance

C) Verifiability

D) Comparability

E) Comparability

F) Faithful representation

Explanation:

Faithful representation – indicates that financial information should be complete, neutral and error free

Relevance - financial information is categorised relevant when is capable of influencing the users decisions

Comparability – the information must be possible to compare an entity over time and with same information about other entities

Verifiability - when information can be verified such as through an audit gives assurance to the users that it is both credible and reliable.

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