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AIS chapter 1 (Transactional Information Between Internal and External…
AIS chapter 1
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data vs information
data
data and facts stored in the system
A fact could be a number, date, name, and so on
information
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However, too much information brings about
Information overload
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value of information
Information is valuable when benefits exceed the cost of gathering, maintaining, and storing the data
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Basic Business Processes
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Ends with an information output _, such as financial statements.
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