Friday, 29 January 2016

Chapter 6


Quote of the day



Bismillah...

Chapter 6 :
Valuing Organization Information

In this chapter, state that information is everywhere in an organization
Employees must be able to obtain and analyze all organizational information.
So that they are able to make decisions more easier. 


 LEVELS, FORMATS AND GRANULARITIES OF ORGANIZATIONAL
 INFORMATION




THE VALUE OF QUALITY TRANSACTIONAL AND 
ANALYTICAL INFORMATION




Timeless is an aspect of information that depends on the situation

Real time information : up to date information

Real time system : real time information


THE VALUE OF QUALITY INFORMATION

Characteristics of high-quality information

Accurancy 
The information must be correct.
~ for example, is the name spelled correctly? is the dollar amount 
recorded properly?

Completeness
The information must be in complete.

Consistency
Identifying the information
~ for example, do all total fields aqual the true total of the
individual fields 

Uniqueness
Is each transaction, entity, and event represented only once
in the information?
~ for example, are there any duplicate?

Timeless
Up to date information
~ for example, information updated daily, weekly or monthly
















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