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Information Is Said to Be Useful in Decision Making If

Question 84

Essay

Information is said to be useful in decision making if it possesses three characteristics.
Required:
A. List the three characteristics of useful information.
B. Frequently, there is a conflict between two of the characteristics requested in part "A." Briefly explain what this conflict is.
C. What distinguishes relevant from irrelevant information?

Correct Answer:

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A. The three characteristics are relevan...

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