with All Correct Answers 2026
Updated.
Which of the following is not a question that should be asked when evaluating external data?
A. What is the provider's purpose in presenting the data?
B. Is the data consistent with data from other sources?
C. Does the data indicate the correct solution to the problem? - Answer C. Does the data
indicate the correct solution to the problem?
Which of the following will help address data limitations?
A. Have others perform an independent evaluation of the data.
B. Collect data for a specific start and end date that corresponds to your decision making
deadline.
C. Provide detailed descriptions of the data that you want to acquire. - Answer A. Have
others perform an independent evaluation of the data.
From a client viewpoint, high quality data is data that:
A. is available with the shortest possible delay.
B. is fit for the use intended for it.
C. conforms to the standards set for data collection and storage.
D. is consistent with data from other sources. - Answer B. is fit for the use intended for it.
Data are considered relevant if they:
A. are available frequently with minimum delay.
B. meet the needs for which they are being used.
C. provide the solutions to the problems being addressed. - Answer B. meet the needs for
which they are being used.
For data to be deemed accurate requires:
A. all data elements are without error.
, B. any errors do not interfere with the predictions extracted from the data.
C. reported values are within 1% of the true values. - Answer B. any errors do not interfere
with the predictions extracted from the data.
The timeliness of data refers to:
A. how long a period it represents.
B. how recent it is.
C. how quickly users can access it after it is collected. - Answer B. how recent it is.
A company keeps two sets of data regarding its customers. The first is maintained by the
accountant and contains each customer's billing, credit, and payment information, identified by
federal tax id. The second records monthly sales using a customer number assigned by the sales
staff. It is difficult to match information between the two systems. This is an example of a:
A. data comparability issue.
B. data accuracy issue.
C. data relevance issue.
D. data completeness issue. - Answer A. data comparability issue.
Which of these situations would most likely raise concerns about data completeness?
A. A database of cash register transactions in which an employee sometimes mistypes an
inventory number.
B. A minute-by-minute tempurature record for a refrigerated truck that records an error
message rather than a temperature about once an hour.
C. A database of employee salaries and benefits that excludes the firm's senior executives. -
Answer C. A database of employee salaries and benefits that excludes the firm's senior
executives.
Which of these approaches to obtaining and retaining high quality data is likely the most
expensive?
A. prevention
B. repair
C. detection - Answer B. repair