Question
What is Management Information System?
✓
Answer
Management Information System: A Management Information System is an information system that generates, accurate, timely and organised information to help managers make decisions, control process, solve problems, supervise activities and track progress.
Need a full question paper?
Generate a complete, print-ready paper with questions like this in minutes — across 16+ boards, with answer keys.
Explore more
Similar questions
Calculate the value of Closing Stock from the following information:
| ₹ | |
| Purchases | 93,000 |
| Wages | 20,000 |
| Sales | 1,20,000 |
| Carriage Outwards | 3,200 |
| Opening Stock | 16,000 |
| Rate of Gross Profit 25% on Cost. |
State the various essential features of an accounting report.
Kapil's Trial Balance provides the following information:
Depriciation is privided @ 10% p.a. on the fixed assets. show how this will be shown in the Profit and Loss Account.
Depriciation is privided @ 10% p.a. on the fixed assets. show how this will be shown in the Profit and Loss Account.
Why is closing stock valued at lower of cost or realisable value?
A transaction is recorded correctly in Journal Proper have not posted in the ledger at all, will it affect the Trial Balance? Give reason.
State one point of difference between Incomplete Records and Double Entry System.
Prepare an imaginary specimen of Bill of Exchange.
Cost of obtaining licence to carry out business is a Capital Expenditure or Revenue Expenditure?
Why Provision of Outstanding Expenses is required?
What are Financial Statements?