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What is a management information system

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Reference no: EM133085689

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Question No. 1

What is the relationship between information and risk? What is the difference between data and information? What is knowledge management? What is a Management Information System?

Question No. 2

What are the five specific functions that must be performed by a Management Information System? What is a Business Report? What is Accounting and what three questions can it answer? What is the purpose of the Sarbanes-Oxley Act? What is the difference between Managerial and Financial Accounting?

Question No. 3

What is the accounting equation? What is an asset, liability, and owner's equity? What is Double-Entry Bookkeeping, What is a Balance Sheet, Income Statement, and Statement of Cash Flows? What is a Current Asset, Fixed Asset, Intangible Asset, Current Liabilities, Long-Term Liabilities, and Retained Earnings. What is Revenue, Gross Sales, Net Sales, Cost of Goods Sold, Gross Profit, Operating Expenses, Net Income, Net Loss, and what is a Financial Ratio?

Reference no: EM133085689

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