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ATTRIBUTES OF THE INFORMATION

  1. THE ACCURACY IN REPRESENTATION - The test of accuracy is how closely it represents a situation or event. The degree of precision will decide the accuracy in representation.
  2. THE FORM OF PRESENTATION - Forms are qualitative or quantitative, numeric or graphic, printed or displayed, summarized or detailed. Appropriate form is important.
  3. THE FREQUENCY OF REPORTING - How often the information is needed? How often it needs to be updated?
  4. THE SCOPE OF REPORTING - The coverage of information in terms of entities, area and range, and the interest shown by the recipient or the decision maker.
  5. THE SCOPE OF COLLECTION - Internal from organization or external to organization.
  6. THE TIME SCALE - It may relate to the past, the current and the future and can cover the entire time span.
  7. THE RELEVANCE TO DECISION MAKING - The information has relevance to a situation and also to a decision making. The irrelevant information is a data.
  8. COMPLETE FOR THE DECISION CONSIDERATIONS - The information which covers all the aspects of the decision situation by way of scope , transactions and period is complete.
  9. THE TIMELINESS OF REPORTING - The receipt of information on time or when needed is highly useful. The information arriving late , loses its utility as it is outdated.

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