ACCA PM · Chapter 1 · Question 7 of 9
A variance report reaches the production manager three weeks after the month end, by which time the problems it highlights have already been corrected. Which quality of good information is most clearly lacking?
Test yourself: pick an answer
Reveal answer & explanation
Correct answer: B) Timeliness
Explanation
Information must be available in time for the user to act on it. A report that arrives after the problems have already been dealt with has little value even if it is accurate, complete and clear, so timeliness is the quality that is lacking.
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