ExpertEasy2 marksMultiple Choice
ACCA · Question 05 · Syllabus A: Nature, source and purpose of management information
Which of the following is NOT a characteristic of good management information, according to the ACCURATE acronym?
Which of the following is NOT a characteristic of good management information, according to the ACCURATE acronym?
Answer options:
A.
Accurate
B.
Cost-beneficial
C.
Extensive
D.
Timely
How to approach this question
Recall the ACCURATE acronym: Accurate, Complete, Cost-beneficial, User-targeted, Relevant, Authoritative, Timely, Easy to use.
Full Answer
C.Extensive✓ Correct
The ACCURATE acronym stands for Accurate, Complete, Cost-beneficial, User-targeted, Relevant, Authoritative, Timely, and Easy to use. 'Extensive' is not part of the criteria; in fact, good information should be concise to avoid information overload.
Common mistakes
Confusing 'Complete' with 'Extensive'. Complete means nothing important is missing; extensive implies a large volume, which is often undesirable.
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