Information Categories pt2 Flashcards

1
Q

Financial

A

Formal records of the financial activity and position of a business, person or entity e.g. using a bank statement

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2
Q

Financial advantages and disadvantages

A

Provides insight on financial position but isn’t adjusted for inflation

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3
Q

Research

A

Creative and systematic work undertaken to increase the stock of knowledge e.g. searching articles for an essay

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4
Q

Research advantages and disadvantages

A

Can be easy to analyse but its difficult to understand without context

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5
Q

Location dependent

A

Data whose value depends on its location e.g. finding pokemon

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6
Q

Location dependent advantages and disadvantages

A

Can be used to find things close to you but may not be accurate or reliable

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