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Categories >> Accounting >> Accounting AllOther
 
 


 

 
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 Accounting AllOther interview questions  Accounting AllOther Interview Questions (4371)
Question
What is Meany By MIS Report?What are things covered in the 
report?
 Question Submitted By :: Accounting-AllOther
I also faced this Question!!     Answer Posted By  
 
Answer
# 1
MIS means management information report. By this report
managment is able to take effective decisions in making
profits. By this information managment can be react
immediately before break in the process. This report
carries each and every information which effect the
production and helps the managment in taking good decisions
on time.
 
Is This Answer Correct ?    371 Yes 35 No
Vamshi1982
 
Answer
# 2
MIS implies Management Information System Report.MIS useful
for management taking correct decision at right time. MIS
contains Various kinds It can be prepared monthly.
Eg: Financial MIS ,Marketing MIS,HR MIS and Production MIS

Finacial MIS contanins Profit & Loss A/c Funds flow
Cashflow Statements ans other major expenditure.
 
Is This Answer Correct ?    125 Yes 14 No
Suresh
 
 
 
Answer
# 3
There is lots of answers but no one has given the proper
answer of the question.Basically Midlle level management
prepare the MIS Report & send it to Higher management so
that they can take effective decison to make profit & if
required then cut the cost.

The things covered in the report is depend upon the
department like,

For Accounts- Income & Expenditure statement, liabilities
of Taxes, Outstanding Reports of Suppliers, Cash flow, & If
possible monthly BS and P & L.

For Production - Cost of Production Report, Price change
report, Monthly reconcilation between purchase vs
production, Ware house Report(Stock),Production vs Wages
reconcilation

For HR - Monthly Joining & Attrition List, Total Salry of
the company Department wise, PF & ESI Report,Monthly MIS
must include any accident for the month,if any.

For Marketing or Sales - I am basically not from this feild
so kindly complete who can do it.
 
Is This Answer Correct ?    102 Yes 8 No
Neeraj Srivastava
 
Answer
# 4
MIS is Management Information System report.It can be any
type of report.for ex.cash flow, fund flow,sales etc.through
this report the management can take right decision in right
time n will have correct idea of status of the
company/organization.
 
Is This Answer Correct ?    94 Yes 20 No
Prakashk
 
Answer
# 5
MIS report actually means, it is a report conducts day to
days transaction details of a co. whether it is small or
big. It covers day to day receipts, payments, any contra,
sales, purchase etc. any transaction depending upon on the
co.
 
Is This Answer Correct ?    100 Yes 48 No
Latha.
 
Answer
# 6
MIS is Management Information System report.It can be any
type of report.for ex.cash flow, fund flow,sales etc.through
this report the management can take right decision in right
time n will have correct idea of status of the
company/organization.
 
Is This Answer Correct ?    46 Yes 11 No
Arasan
 
Answer
# 7
MIS is the short form of Management Information System. By
this system management is able to take effective decision
making profits.
 
Is This Answer Correct ?    43 Yes 16 No
Libin Varghese
 
Answer
# 8
It mean MANAGEMENT INFORMATION SERVICE
generally it is monthly to submit to the Head of the unit
(Factory or
Establishment) the report should reach to the concern head
from all the department heads every month first week of the
last month particulars. The HR department has also submit
their report.
So that managerial decisions can be taken effectively.
 
Is This Answer Correct ?    44 Yes 21 No
Hima
 
Answer
# 9
There is lots of answers but no one has given the proper
answer of the question.Basically Midlle level management
prepare the MIS Report & send it to Higher management so
that they can take effective decison to make profit & if
required then cut the cost.

The things covered in the report is depend upon the
department like,

For Accounts- Income & Expenditure statement, liabilities
of Taxes, Outstanding Reports of Suppliers, Cash flow, & If
possible monthly BS and P & L.

For Production - Cost of Production Report, Price change
report, Monthly reconcilation between purchase vs
production, Ware house Report(Stock),Production vs Wages
reconcilation

For HR - Monthly Joining & Attrition List, Total Salry of
the company Department wise, PF & ESI Report,Monthly MIS
must include any accident for the month,if any.
i agree with Mr. neeraj

For Marketing or Sales - in marketing deptt. any activity
to be done base by company MIS report e.g total marketing
of the product is based what is our sale, wht is our
approved buget & ur product is world wild available,then
main purpose of MIS report is to facilitate the higher/top
management in making decision for a particular brand
 
Is This Answer Correct ?    30 Yes 7 No
Vijay Kumar
 
Answer
# 10
Well All You Have Given Your Answer Its Easy and Applicable
If You Take Like This

MIS ( Management Information Report)

Its a Tracker Data Segregated By Required
Information From Management To Track The System On
Particular Process It Might differ from Company to Company
Department To Department Process to Process.

Its a Columned and Rowed Tracker Because You Can
Also Make Graphs Or Charts Easily And You Can Maths Easily .


Normally We Use MS-Excel For This Report There
Are Some Particular ERP and CRM Software Which Automatically
Does This Work Buy Certain Input.

This Answer Is My Knowledge And Belief Please Let Me Know If
Its Wrong

Regards
raji
 
Is This Answer Correct ?    26 Yes 8 No
Marekana
 

 
 
 
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