ACCOUNTING INFORMATION SYTEMS Wikipedia: An accounting information system (AIS) is a system of collection‚ storage and processing of financial and accounting data that is used by decision makers. An accounting information system is generally a computer-based method for tracking accounting activity in conjunction with information technology resources. The resulting statistical reports can be used internally by management or externally by other interested parties including investors‚ creditors and
Premium Strategic management Management Decision making
Q1 Definition of ’Accounting Information System - AIS’ The collection‚ storage and processing of financial and accounting data that is used by decision makers. An accounting information system is generally a computer-based method for tracking accounting activity in conjunction with information technology resources. The resulting statistical reports can be used internally by management or externally by other interested parties including investors‚ creditors and tax authorities. Investopedia
Premium Net present value Time value of money Software development process
a data field represents an attribute (a characteristic or quality) of some entity (object‚ person‚ place‚ or event). For example‚ an employee’s salary is an attribute that is a typical data field used to describe an entity who is an employee of a business. Record All of the fields used to describe the attributes of an entity are grouped to form a record. Thus‚ a record represents a collection of attributes that describe an entity. An example is a person’s payroll record‚ which consists of data
Premium Database SQL Relational model
MANAGEMENT INFORMATION SYSTEMS (MIS) NOTES 0 MANAGEMENT INFORMATION SYSTEM This is a system that converts data from internal & external sources into information in an appropriate form to managers at all levels in all functions to enable them make timely and effective decisions‚ plans‚ directing and controlling the activities in which they are responsible for. Elements of Management Information System They Include: Information; System; Information Systems; and Management Information Systems
Premium Computer Information systems Computer program
Essential of MIS (9th edition) Chapter 1 1) As discussed in the chapter opening case‚ the Yankees ’ use of information systems in their new stadium can be seen as an effort to achieve which of the primary business objectives? A) Operational excellence B) Survival C) Customer and supplier intimacy D) Improved decision making 2) Journalist Thomas Friedman ’s description of the world as "flat" referred to: A) the flattening of economic and cultural advantages of developed countries. B)
Premium Management Computer software Management information system
1. What is business intelligence? Why is it more than just information? A: Business intelligence is to collective information about your customer‚ your competitors‚ your business partners‚ and your competitive environment‚ your own internal operations that gives you the ability to make effective‚ important‚ and often strategic business decision. Business intelligence represents the tools and system that plays a key role in the strategic planning process of the corporation. That enables access to
Premium SQL Database management system Database
Five Year Career Plan I am Moh’d A. Obeidat. I have two undergraduate degrees: BA in Accounting and BS in Nursing. I have served as an Accounting Major at Jordan University of Science and Technology where I used my training in Accountancy. I also worked as a Registered Nurse for four years. My extensive experiences in these two fields led me to pursue my MS in Technology Management with Minor in IT and Control at Illinois. This is because technology is very much needed in today’s practice of
Premium Technology Academic degree Nursing
2011 Subject code: 810003 Subject Name: Management Information system Date: 01 /02 /2011 Time: 10. 30 am – 01.00 pm Total Marks: 70 Instructions: 1. Attempt all questions. 2. Make suitable assumptions wherever necessary. 3. Figures to the right indicate full marks. Q.1 (a) Identify and discuss the major types of information systems that serve the main management groups within a business. What are the r elationships among these systems? 07 (b) You are advising the owner of “Sarthak
Premium Electronic voting Voting machine Internet
The five different approaches to motivation The first being instincts which are the patterns of behavior that are biologically determined rather than learned. Fact: people and animals are born preprogrammed with sets of behavior’s essential to survive. The second being the drive-reduction approach. It suggests that a lack of some basic biological requirement such as water produces the drive to obtain the water. The third being the arousal approach in which each person tries to maintain a
Premium Psychology Cognition Motivation
Content Management systems Content is the feeder mechanism for all business processes. And always has been (Moore‚ 2001). The purpose of a web site is to display and/process content in order to transmit the organisation’s information to the world wide audiences. These days the websites content volumes are increasing rapidly. So‚ to deliver the content to the audiences in an understandable way‚ it is necessary to manage the content of the web site. Therefore‚ content management refers to the process
Premium World Wide Web Website