File Chap 1 Flashcards
Information preparers supplies information users & decision makers
Supply of Information
Information users & decisions makers demands information preparers
Demand of Information
Facts and Figures
Data
Data that has been transformed used to help act or react
Information
The suitability of information for a particular purpose in a specific task
Information Quality
the completeness, accuracy, reliability, and consistency of data throughout its life cycle in the information system.
Data Integrity
considers the preferences, constraints, and other factors that affect how a decision is made. In other words, it is important to know the intended use of the information. Who are the users, and why do they need the information?
Decision Context
Relevant and Faithful Representation
Fundamental Characteristics of Useful Information
- Comparable
- Verifiable
- Timely
- Understandable
Enhancing Characteristics of Information
What is the system that consists of interrelated components (hardware, software, database, networks, people)
Information System
- Captures raw and unorganized data, which is the input
- Processes and stores that data (action)
- Reports information in formats that are useful to users, which is the output
What an Information System does