Information Systems I
This term describes raw facts and figures with no context or meaning.
What is data?
This term describes when the amount of information the human mind can absorb and process has been exceeded.
What is information overload?
This characteristic of information ensures that it is free from mistake or error and meets the end-user's expectations
What is Accurate?
When the value of information exceeds the cost of gathering it, we say it is
What is Cost Effective?
This is the term for data that has been organized, structured, and interpreted to provide meaning.
What is information?
What term describes when a subsystem’s goals are inconsistent with the goals of another subsystem or with the system as a whole
What is Goal conflict?
This characteristic of information does not omit important aspects of the underlying events or activities that it measures is
What is Complete?
When two knowledgeable people independently produce the same information, information is said to be ________
What is Verifiable?
This kind of system helps organizations store, retrieve, and manage information.
What is an information system?
When a subsystem achieves its goals while contributing to the organization's overall goal, it is called
What is Goal congruence?
When information should be available when needed it is said to be _____________.
What is Timely?
This type of user primarily uses discretionary/unrestricted information
What is an internal user?
The process of converting data into useful, actionable insights is called this.
What is information processing?
This is a set of two or more components that are somehow interrelated and interact together to achieve a specific goal.
What is a System?
When information, (as good as it may be), is only as effective as its presentation.
What is Understandable?
Sam Jones has been the controller of Downtown Tires for 25 years. Ownership of the firm recently changed hands and the new owners are conducting an audit of the financial records. The audit has been unable to obtain the firm's financial statements that were prepared by Sam. While there is no evidence of wrongdoing, the auditors are not able to complete the audit. Which characteristics of useful information is absent in the situation described above?
What is Accessible?
This term describes the understanding and skills acquired through experience, education, or training.
What is knowledge?
This is a well-designed system consisting of people, procedures and instructions, data, software, information technology infrastructures, and internal controls and security measures.
What is an AIS?
Data must be converted into information to be considered useful and meaningful for decision making. There are seven characteristics that make information both useful and meaningful. If information is free from error or bias and accurately represents the events or activities of the organization, it is representative of the characteristic of
What is Reliable?
This user primarily uses mandatory (e.g. BIR form) and essential (required to conduct business with external parties, such as purchase orders) information with the focus on minimizing cost, meeting regulatory requirements and Meeting minimum standards of reliability and usefulness.
What is an external user?