Reference no: EM133345567

Question 1. Tweedledee-Dum Hotel is famed for themed rooms and afternoon tea sessions. Room decorations and menus are rotated according to the location's seasons. For example, it will create beach-themed rooms and berries-oriented afternoon tea menus during summer. While it is based in Australia, it has recently updated its sales forecasting software and discovered that the system is programmed for the northern hemisphere seasons.

Required:

a) Explain the nature of this data error (i.e., random versus systematic)

b) Which (a) transaction cycle and (b) report does this error primarily affect?

c) Explain how this data problem would indirectly affect one other transaction cycle. In your answer, identify and/or explain:

the relevant transaction cycle,
which decision/activity within this cycle will be most impacted by the error, and
any potential flow-on impact of the error on the misstatement of the financial account, if any

Question 2. To maintain the exclusivity of its offering, the hotel has a policy not to provide any discount for its afternoon tea sessions. Peter Patter, the General Manager of the Tweedledee-Dum Hotel, was tasked with reviewing and updating the master data. After the recent system update, the table he updates imposes mandatory field checks on all fields, including the discount field for the afternoon tea reservation. Because Peter had not had his coffee for the day, he accidentally entered 9% and hit save.

a) Explain the nature of Peter's error (i.e., random versus systematic). Consider both the direct and indirect effects of this error in your answer.

b) Identify and explain two information quality goal(s) impacted by Peter's errors