03+Quality+of+information

  = Quality of information       = = Exam Questions    = =    =  1 (a)There are financial costs involved in getting good quality information. State two other costs and, giving a different example for each one, show how these costs arise. [4] (b) Give an example of a problem that could arise if information is not: [2] (i) complete, (ii) up to date. Use distinctly different examples in each case.

2. Good quality information must use accurate and valid data. (a) Define the term accurate data. [1] (b) Data may pass a validity check but still be inaccurate. Using a suitable example, explain the difference between validity and accuracy. [2] (c) In addition to being accurate, complete, up to date and valid, outline two other factors which would give good quality information. [2] (d) Describe, using an example, one way in which good quality information can add value to an organisation, other than by aiding the decision making process. [2]