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
Character The most basic logical data element is the character‚ which consists of a single alphabetic‚ numeric‚ or other symbol. One might argue that the bit or byte is a more elementary data element‚ but we should remember that those terms refer to the physical storage elements provided by the computer hardware. Field The next higher level of data is the field‚ or data item. A field consists of a grouping of related characters. For example‚ the grouping of alphabetic characters in a person’s
Premium Database SQL Relational model
Managing the Digital Firm 1.2 Perspectives on Information Systems What Is an Information System? Too often you hear someone say‚ "Oh yeah‚ I know how to use a computer. I can surf the Web with the best of them and I can play Solitaire for hours. I’m really good at computers." Okay. So that person can pound a keyboard‚ use a mouse at lightning speed‚ and has a list of favorite Web sites a mile long. But the real question is: "Is that person information literate?" Just because you can pound the keyboard
Premium Information system Information systems Computer
Overview of Computer Based Information Systems – Information technology relates to any computer based tool that people use to work with information and to support the information and information processing needs of an organization Information system collects‚ processes‚ stores‚ analyzes and disseminates information for a specific purpose Two closely related terms - Data and knowledge 1) Data items – elementary description of things‚ events‚ activities and transactions that are recorded‚ classified
Premium Computer Computer program Business process
Information System Briefing Grace Hummel HCS/483 November 19‚ 2012 Professor Tonya Cheek Information System Briefing Unstructured decision-making process that cannot be described fully before the decision is made. Strategic planning requires judgment‚ expertise of organizational members‚ board of directors and committees. DDS (decision support systems) are to help improve decision-making work balance of judgments and analysis; MIS (management information systems)‚ which is gathering and processing
Premium Decision theory Decision making Decision engineering
is data vis-à-vis information? When can information be deemed good and useful? How are these related/ connected to an information system? Data are facts‚ which may or may not be processed (edited‚ summarized‚ or refined) and have no direct effect on the user. By contrast‚ information causes the user to take an action that he or she otherwise could not‚ or would not‚ have taken. Information is often defined simply as processed data. This is an inadequate definition. Information is determined by the
Premium Database Information systems Transaction processing
Designing a Reward System HSM/220 Designing a Reward System Goal The Human Service goal is to implement a rewards program that will encourage employees to go above and beyond their standard work ethics; for improvements within the organization to reach the intended goals at a faster and more efficient rate. The employee’s performance will be the key element in determining who will receive the rewards. This will be done on a monthly basis and will be given to the employee who has produced
Premium Management Employment Goal
numbers‚ words‚ measurements‚ observations or even just descriptions of things. Example - Data can be qualitative or quantitative Q2: What is information? Give example. Ans2: Information is data that has been given meaning by way of relational connection. Example - knowledge; facts; data; details Q3: What is knowledge? Give example Ans3: When information is packaged or used for understanding or doing something‚ it is known as knowledge. Example - Specific information about
Premium Computer Application software Open source
Business Information Systems HA(IT) My questions: 1. Define the concept information system and its constitutive elements; describe the broad categories of computer-based information systems‚ providing relevant business examples for each category identified; explain how computer-based information systems can support managers at each level of an organisation. 2. Explain the main elements and steps of the project management process and‚ considering your essay writing as a project
Premium Project management Decision theory Management
1.0 Introduction Information system‚ which is the most important technique in this information age‚ is playing an increasingly pivotal role in modern business organisations. The information age is relying on the information and communication technology (ICT)‚ and it is using widely in every corner of the modern organisation (Hussain‚ 2009). Organisations may use ICT to transform business process and make them more efficient and accurate (Hussain‚ 2009). Moreover‚ ICT may be use to create‚ store
Premium Information systems Computer-aided design Systems Development Life Cycle