Qualities of Information T he qualities, or characteristics, of valuable information include being accurate, verifiable, timely, organized, meaningful, useful, and cost effective. Accurate information is correct. Verifiable information can be confirmed. Timely information has an age appropriate to its use. Organized information is arranged to suit requirements.
Meaningful information is relevant to the person who receives it.
Useful information results in an action being taken or not taken. Cost effective information has a value greater than its price. Office systems include software applications for administrative tasks that occur throughout the organization. These applications are sometimes referred to as productivity software. The first TPS were usually batch processing systems in which transaction data was collected and, at a later time, processed together as a group.