Register
This determines the accuracy and completeness of a firm’s data; most organizations determine an acceptable percentage of accuracy and completeness high enough to make good decisions at a reasonable cost
178k views
0 votes
This determines the accuracy and completeness of a firm’s data; most organizations determine an acceptable percentage of accuracy and completeness high enough to make good decisions at a reasonable cost (for example, 85% accurate and 65% complete).

User Johnjamesmiller
by
5.2k points

1 Answer

1 vote

Answer:

Data Quality Audits

Step-by-step explanation:

Data audits are carried out to measure the degree of confidence and accuracy that a company's database possesses. It also measures how fit is the company's data regarding the specific use the company is giving to it. The audits must also estimate the possible impact of low quality data and how it could affect the company's performance and overall financial results.

User Gianmarco
by
5.3k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

6.2m questions

8.2m answers

Other Questions

Why do objects used as money need to be in limited supply
When a producer owns an intermediary at the next level down in the marketing channel, it is referred to as _________. a. forward integration b. backward integration c. vertical channel connection d. horizontal
Which of the following is not how a pro forma financial statement is used A. to analyze the effects of the firms forecasts on its financial performance B. to determine the amount of money needed for a
Describe a time when you or someone you know chose not to conform to the behavior of others. Why do you think this person chose not to conform
An owner decides to sell his property and discovers that there is a lien on his title for a swimming pool he paid off 10 years ago. the pool company is out of business. what is the owner to do?
Link Copied!