MIS 2101 Study Guide - Midterm Guide: Enterprise Resource Planning, Google Analytics, Cash Flow Statement

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Document Summary

Cash, raw materials, inventory, production capacity, accounts receivable, accounts payable, other liabilities. Multiple applications or modules that drive various business activites. Large businesses as well as small businesses. Record transactions: such as sales orders, purchase orders, time sheets, payments, journals, fulfillments, receipts. (input and process of ipo) Produce documents: receipts, order confirmation, sales order or purchase order document (legally binding contracts between seller and buyer), fulfillment tickets, invoices, bills, journal entries. (output aspect of ipo) Reports: view at aggregate or summary statements about the data in the system. Balance sheet, profits/loss, income statement, tax reports, cash flow statement. Accounts payable, accounts receivable, orders to fulfill. Reports drive financial indicators and financial ratios: Executives tend to make decisions based on aggregate information that is represented in some way that is meaningful to them. This is often expressed as financial indicators, such as return on assets, current ratio, inventory valuation, pipeline analysis, borrowing base, etc.

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