Good Quality Information - ACCURATE Flashcards

1
Q

What is the acronym used to remember the attributes of good quality information?

A

ACCURATE

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2
Q

What does ACCURATE mean?

A

Accurate
Complete
Cost effective
Understandable
Relevant
Authoritative
Timely
Easy To Use

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3
Q

What does Accurate mean?

A

Decision-making relies on accurate information, which is free from bias.

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4
Q

What does Complete mean?

A

Information that is provided to managers and decision-makers must be complete.

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5
Q

What does Cost-Effective mean?

A

The usefulness and value of information must be greater than the cost of producing it.

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6
Q

What does Understandable mean?

A

The style, format, detail and complexity of information should fit the user’s needs.

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7
Q

What does Relevant mean?

A

Information should be fit for purpose, and communicated to the right person.

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8
Q

What does Authoritative mean?

A

Information should come from a reliable source.

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9
Q

What does Timely mean?

A

Information should be communicated in sufficient time to allow users to make necessary decisions.

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10
Q

What does Easy To Use mean?

A

Information should be provided in a way which is easy to use.

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