ACCOUNTING INFORMATION SYSTEMS CERTIFICATION EVALUATION TEST PAPER QUESTIONS AND SOLUTIONS VERIFIED PASS RESOURCE

ACCOUNTING INFORMATION SYSTEMS
CERTIFICATION EVALUATION TEST PAPER
QUESTIONS AND SOLUTIONS VERIFIED
PASS RESOURCE

●● Data
Answer: Raw facts, numbers, names, dates, or amounts that are collected
and stored but do not have meaning by themselves.


●● Information
Answer: Data that has been organized and given context so it becomes
meaningful and useful for decision making.


●● Useful Information
Answer: Information that helps users make better decisions by reducing
uncertainty.


●● Information Overload
Answer: When too much information is provided, making it harder for a
person to make a good decision.


●● Information Technology (IT)

, Answer: Technology used to help collect, organize, filter, and process
information more efficiently.


●● Value of Information
Answer: The benefit of having information minus the cost of collecting,
storing, and maintaining it.


●● Accurate Information
Answer: Information that is correct and free from errors.


●● Complete Information
Answer: Information that includes all important details needed to
understand an event or make a decision.


●● Relevant Information
Answer: Information that helps reduce uncertainty and improves
decision making.


●● Timely Information
Answer: Information that is available early enough for the decision
maker to use it.


●● Understandable Information