1. 11. Which of the following statements is NOT true about information?

A: Information is subjective, is knowledge derived from data presented in a meaningful context, processed data

information IS data presented in meaningful context, processed data, data processed by summing, ordering, averaging, grouping, comparing, or other similar operations. Information IS a difference that makes a difference. or good info SHOULD be accurate, timely, relevant, just sufficient and its worth its cost

2. 12. Which of the following instances illustrates the concept "One person's information is another person's data?"

: Ex. Tell someone some information, The other person would respond "yeah, so what's your point?" If you manage instructors, average hourly wage is information and you are managing partner you may night care so it is just data

3. 13. As CEO of a large organization, you had asked the human resources manager to send you information about the rate of employee turnover in your organization for the last quarter. The manager sends you the salary details of new hires during the same period. The information is likely to be of little use to you because it is ________.

A: Not relevant

4. 14. As the CEO of a large company, you ask the sales manager to report the sales figures of the previous quarter. The manager sends you details of each invoice drawn up in the previous quarter. This information is not good because it is ________.

A: not just barely sufficient
-not timely

5. 15. As production manager at a bottling plant for a cola manufacturer, you receive reports containing figures for raw materials from last year, but stated as the current year's. This information would qualify as bad information because it is ________.

A: not accurate

6. 16. You are looking to buy a home within the price-range of $500,000 to $700,000, but your real-estate agent keeps sending you fliers for homes that cost $10,00,000 or more. This information is likely to be useless to you because it is ________.

A: not relevant to context

7. 17. Which of the following statements is true of good information?

A: Accurate, timely, relevant (to context, to subject), just barely sufficient, worth its cost

8. 18. Which of the following is true about the quality of information?

A: the quality of your thinking is a large part of the quality of the information system or good quality info is accurate, timely, relevant, just sufficient, and worth its cost. Information is not free. All information is not equal.

Needs to be worth its cost

9. 19. Identify one way in which IT differs from IS.

A: IT refers to the products, methods, inventions, and standards that are used for the purpose of producing information. IT pertains to the hardware, software, and data components. IS is an assembly of hardware, software, data, procedures, and people that produces information. You can buy IT, but you can never buy an IS!

10. 20. Which of the following statements supports the principle that "One can buy IT, but not IS?"

A: Can buy or lease hardware, you can license programs and databases and you can even obtain predesigned procedures. Your people who execute those procedures to employ that new IT