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ISA 235 Chapter 6 Question and answers correctly solved

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ISA 235 Chapter 6 Question and answers correctly solved ISA 235 Chapter 6 Information Granularity - correct answer the extent of detail within the information (fine and detailed or coarse and abstract) real-time information - correct answer immediate, up-to-date information Character...

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  • November 8, 2024
  • 12
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers

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  • ISA 235
  • ISA 235

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ISA 235 Chapter 6
Information Granularity - correct answer ✔the extent of detail within the
information (fine and detailed or coarse and abstract)


real-time information - correct answer ✔immediate, up-to-date information


Characteristics of High-quality information - correct answer ✔Accurate: are
all the values correct
Complete: any values missing
Consistent: is the summary information in agreement with detailed information
Unique: is each transaction represented only once
Timely: is the information current


real-time system - correct answer ✔Provides real-time information in
response to requests


information inconsistency - correct answer ✔occurs when the same data
element has different values


information integrity issue - correct answer ✔occurs when a system
produces incorrect, inconsistent, or duplicate data


data gap analysis - correct answer ✔occurs when a company examines its
data to determine if it can meet business expectations, while identifying
possible data gaps or where missing data might exist

, data stewardship - correct answer ✔the management and oversight of an
organization's data assets to help provide business users with high-quality
data that is easily accessible in a consistent manner


data steward - correct answer ✔responsible for ensuring the policies and
procedures are implemented across the organization and acts as a liaison
between the MIS department and the business


data goverance - correct answer ✔refers to the overall management of the
availability, usability, integrity, and security of company data


master data management (MDM) - correct answer ✔the practice of gathering
data and ensuring that it is uniform, accurate, consistent, and complete,
including such entities as customers, suppliers, products, sales, employees,
and other critical entities that are commonly integrated across organizational
systems


data validation - correct answer ✔includes the tests and evaluations used to
determine compliance with data governance policies to ensure correctness of
data


database - correct answer ✔maintains information about various types of
objects (inventory), events (transactions), people (employees), and places
(warehouses)


Database Management System (DBMS) - correct answer ✔creates, reads,
updates, and deletes data in a database while controlling access and security


query by example (QBE) - correct answer ✔helps users graphically design
the answer to a question against a database

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