1. List And discuss Types of information System?
2. Differentiate Data, information, Knowledge, Understanding and wisdom?
3. Discuss in detail the necessity of Fundamentals of Information System for Accounting student?
4. List and explain the advantages and disadvantages of Computer?
Answers
Answer:
1)Transaction Processing Systems.
Office Automation Systems.
Knowledge Management Systems.
Management Information Systems.
Decision Support Systems.
Executive Support System.
2)Information is structured data, which adds meaning to the data and gives it context and significance, Knowledge is the ability to use information strategically to achieve one's objectives, Wisdom is the capacity to choose objectives consistent with one's values within a larger social context.
3)Accountants provide the information necessary to determine and evaluate the long term and short term financial stability of companies, organization or individuals.
4) Advantages:-Increase your productivity. ...
Can store massive amounts of information and reduce waste. ...
Connects you to the Internet. ...
Helps sort, organize, and search through information. ...
Keeps you connected. ...
Get a better understanding of data.
Disadvantages:-
Too much sitting. ...
Carpal tunnel and eye strain. ...
Short attention span and too much multitasking. ...
Potential of loss of privacy. ...
Can limit learning and create a dependency. ...
Time sink and lots of distractions. ...
Can reduce jobs. ...
Increases waste and impacts the environment