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book Accounting Information Systems 9th Edition by James Hall cover

Accounting Information Systems 9th Edition by James Hall

Edition 9ISBN: 978-1133934400
book Accounting Information Systems 9th Edition by James Hall cover

Accounting Information Systems 9th Edition by James Hall

Edition 9ISBN: 978-1133934400
Exercise 1
What is the relationship among data, information, and an information system?
Explanation
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Relationship among Data, Information and Information System
• Data refers to raw, unprocessed data that may not be meaningful or helpful to the users.
• When the raw data is processed to make it useful to the users, it becomes information.
• Information should help the targeted users to achieve their objective.
• An Information System converts data into information.
• An information system is a framework that encompasses activities starting from collection of data, its storage, processing of data into information and then presenting it in relevant forms to the users.
• An information system is based on the principle of Input Processing Output.
• Raw data that is collected is the input to the information system. After processing, it produces output in the form of information.
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Accounting Information Systems 9th Edition by James Hall
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