What is computer based information system and its components?

What is computer based information system and its components?

The basic components of computer based information system are: Hardware– these are the devices like the monitor, processor, printer and keyboard, all of which work together to accept, process, show data and information. Software– are the programs that allow the hardware to process the data.

What activities does information system perform?

Input, processing, and output are the three activities in an information system that produce the information an organization needs. Input captures or collects raw data from within the organization or from its external environment.

Who uses information from an accounting system?

An accounting information system (AIS) is a structure that a business uses to collect, store, manage, process, retrieve, and report its financial data so it can be used by accountants, consultants, business analysts, managers, chief financial officers (CFOs), auditors, regulators, and tax agencies.

What are the advantages of accounting information system?

A big advantage of computer-based accounting information systems is that they automate and streamline reporting, develop advanced modelling and support data mining. Reporting is major tool for organizations to accurately see summarized, timely information used for decision-making and financial reporting.

What is the function of accounting information system?

The purpose of an accounting information system (AIS) is to collect, store, and process financial and accounting data and produce informational reports that managers or other interested parties can use to make business decisions.

What are the internal users?

Internal users refer to the members of a company’s management and other individuals who use financial information in running and managing the business. They work within the company and make decisions for the business.

What are the components of system?

Together, they allow the operating system and computer to function correctly and efficiently.

• Process management.
• Memory management.
• File management.
• Secondary storage management.
• Access management.
• System resource management.

Which internal user needs the accounting information the most Why?

Internal users of accounting information are those who are involved in planning, organizing and running the business. They need more detailed information on a timely basis in order to support their decisions. Examples of these internal users are managers, employees and owners.

What are the four components of an information system quizlet?

The components of an information system are computer hardware, software, data, procedures and people.

What are the 5 main types of management information systems MIS?

Some of the common types of Management Information Systems include process control systems, human resource management systems, sales and marketing systems, inventory control systems, office automation systems, enterprise resource planning systems, accounting and finance systems and management reporting systems.

How many types of MIS are there?

12 Different types of management information system.

Why are procedures a very important part of an information system?

Answer: The reason procedures are a very important part of an information system is because the system wants to see if the info is authentic.

What are the three primary types of management information systems available to support?

Information systems serve each of these levels and functions. Three main categories of information systems serve different organizational levels: operational-level systems, management-level systems, and strategic-level systems.

Who are the internal users and external users of accounting information?

Internal users include managers and other employees who use financial information to confirm past results and help make adjustments for future activities. External users are those outside of the organization who use the financial information to make decisions or to evaluate an entity’s performance.

What statement’s do external and internal users of accounting information rely on?

What statement(s) do external and internal users of accounting information rely on? Statement of Cash Flows All answers are correct.

What is the importance of computer based information system?

Every Computer Based Information System (CBIS) needs people if it is to be useful. The information systems perform four major roles in an organization: support of business operations, support of management decision making, support of management control and support of strategic organizational advantages.