Which of the Following Statements About the Characteristics and Costs

Multiple Choice

Which of the following statements about the characteristics and costs of useful information is true?

A) Raw data become information as soon as the facts and figures are manipulated.
B) For information to be useful, it has to be malleable, concrete, reliable, and timely.
C) Obtaining good information incurs negligible costs in terms of acquisition, processing, storage, retrieval, and communication.
D) Useful information does not come cheaply.
E) All of these statements about the characteristics and costs of useful information are true.