ACCA KITs

1.1 Which of the following statements about qualities of good information is false?
A It should be relevant for its purposes
B It should be communicated to the right person
C It should be completely accurate
D It should be timely

C Complete accuracy is not necessarily an essential quality of good information. It needs to be
sufficiently accurate for its purpose, and often there is no need to go into unnecessary detail for
pointless accuracy