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Identify the way in which the data differs from the information.
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Answer to Problem 1CQ
Option (b)
Explanation of Solution
Option a: The data is the facts and the figures that become information once it is organised. Thus, in simple, the data is the input and information is the output. Hence, option (a) is not the correct answer.
Option b: The data are the input and the information is the output. This is because once the data are organized it forms the information. Thus, option (b) is the correct answer.
Option c: The data are not meaningful bits of information. The information is an organised and processed data provide the meaning. Thus, option (c) is not the correct answer.
Option d: The data are said to be unorganized facts and figures whereas the information is the organised facts and figures. Thus, there is a difference between the data and information. Hence, option (d) is not the correct answer.
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Chapter 1 Solutions
Accounting Information Systems (14th Edition)
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