Which of the following describes information overload?
A)The inability of preparers to process and adequately report all the information that should be provided in financial reports.
B)The inability of auditors to process and adequately attest to all the information that should be provided in financial reports.
C)The inability of users to process and intelligently use all the information provided in financial reports.
D)The inability of preparers, auditors, and users to process and adequately utilize all the information provided in financial reports.

Question

Quizplus · Accepted Answer

Information overload refers to the situation where users cannot process and use all the information provided in financial reports. This is because there is too much data to go through, making it difficult for users to extract meaningful insights from the information. Preparers and auditors may also feel overwhelmed by the amount of data they are required to provide and attest to, but the term "information overload" specifically relates to users of financial reports.

Which of the Following Describes Information Overload