Describe the importance of information quality. More than one answer may be correct.

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A staggering amount of money is lost as a result of bad data.A staggering amount of money is lost as a result of bad data.

According to the Data Management Body of Knowledge, the process of data quality management assures data is$$ fit for consumption and meet the needs of data consumers.$$According to the Data Management Body of Knowledge, the process of data quality management assures data is$$ fit for consumption and meet the needs of data consumers.$$

To avoid costly errors, organizational decisions need to be based on high$-$quality information.To avoid costly errors, organizational decisions need to be based on high$-$quality information.

There is little that can be done to create high$-$quality data.