Acct. Chp. 6
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16 terms
Terms | Definitions |
|---|---|
information granularity | refers to the extent of detail within the information. (fine detailed or course and abstract) |
Information Levels | individual department, enterprise |
Information Formats | document, presentation,spreadsheet,database |
Information granularities | detail (fine), summary, aggregate (coarse) |
Transactional information | encompasses all of the information contained within a single business process or unit of work, and its primary purpose is to support the performing of daily operational tasks. |
Sales receipt, airline ticket, packing slip | transactional information |
Analytical information | encompasses all organizational information, and its primary purpose is to support the performing of managerial analysis tasks. |
Product statistics, sales projections, future growth, trends | analytical information |
Real-time information | means immediate, up-to-date information. |
Real-time systems | provide real-time information in response to query requests. |
To exploit key corporate transactional information. | real-time systems |
Accuracy | are all the values correct? is the name spelled correctly? is the dollar amount recorded properly? |
Completeness | are any of the values missing? is the address complete including street, city, state, and zip code? |
Consistency | is aggregate or summary information in agreement with detailed information? for example, do all total fields equal the true total of the individual fields? |
Uniqueness | in each transaction, entity, and even represented only once in the information? for example, are there any duplicate customers? |
Timeliness | is the information current with respect to the business requirements? for example, is information updated weekly, daily, or hourly? |
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