ACCA Applied Knowledge · Business and Technology · Financial systems and technology
A company's MIS reports are criticised: managers receive a 40-page monthly pack, most of it irrelevant to their decisions, and it arrives three weeks after month end. Which pair of qualities of good information is MOST clearly lacking?
Relevance and timeliness are lacking. The pack contains mostly material managers do not need, and it arrives too late to influence decisions. The scenario gives no indication that the figures are inaccurate, incomplete, biased or improperly disclosed.
- ARelevance and timelinessCorrect
- BAccuracy and completeness
- CAuthority and confidentiality
- DCost-effectiveness and objectivity
Explanation
Irrelevant content shows a lack of relevance, and arriving three weeks after month end means it is not timely enough to support decisions. Nothing suggests the figures are inaccurate or incomplete; indeed a 40-page pack suggests the opposite of incompleteness. Confidentiality and objectivity are not the issue described.
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