give detail expansion about MIS Report?
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Answer / viss_in
Definition of MIS Report - Management Information System
(Report).
- An MIS Report is intended to give information to the
management / operations staff:
-- as a means of information (No of Customer Account opened
in a day, No of Cheques Deposited by all customers etc).
-- to enable management take decisions and strategise
(Customer wise profitability / sector wise profitability /
income by product / expense by department etc).
Any system / book keeping is helpful if the information
stored in the system / books can be converted into
meaningful MIS Reports.
| Is This Answer Correct ? | 35 Yes | 4 No |
Answer / narayanan
MIS Report is the Management Information System which give
the information about the system base operation and result
of the working operation.
| Is This Answer Correct ? | 22 Yes | 3 No |
Answer / ram
MIS Report is the Management Information System which give
the information about the system base operation and result
of the working operation.
| Is This Answer Correct ? | 7 Yes | 2 No |
Answer / m.shanmughapriya
mis staff who control the client server technology
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / prabakaran.p
It gives the information about the all branches systemetic
operational details and also easily know the accounting
activities till the date.
| Is This Answer Correct ? | 2 Yes | 7 No |
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give detail expansion about MIS Report?
5 Answers Oriental Bank Of Commerce,
Benjamin O'Henry has owned and operated O'Henry's Data Services since its beginning ten years ago. From all appearances, the business has prospered. In the past few years, you have become friends with O'Henry and his wife. Recently, O'Henry mentioned that he has lost his zest for the business and would consider selling it for the right price. You are interested in buying this business, and you obtain its most recent monthly unadjusted trial balance which follows: O'Henry's Data Services Unadjusted Trial Balance November 30, 20XX Cash……………………………… $9,700 Accounts receivable……………………… 7,900 Prepaid expenses………… 2,600 Furniture, fixtures, & equipment 151,300 Accumulated depreciation $15,600 Accounts payable………… 3,800 Salary payable……………… Unearned service revenue 6,700 Benjamin O'Henry, capital 137,400 Benjamin O'Henry, withdrawals 2,000 Service revenue………… 14,300 Rent expense…………… Salary expense………… 3,400 Utilities expense……… 900 Depreciation expense Supplies expense…… Total…………………………………………. $177,800 $177,800 Revenues and expenses vary little from month to month, and November is a typical month. Your investigation reveals that the unadjusted trial balance does not include the effects of monthly revenues of $2,100 and monthly expenses totaling $2,750. If you were to buy O'Henry's Data Services, you would hire a manager who would require a monthly salary of $3,000. The most you would pay for the business is 20 times the monthly net income you could expect to earn from it. Compute this possible price. The least O'Henry will take for the business is his ending capital. Compute this amount. Under these conditions, how much should you offer O'Henry? Give your reason. I have the mathimatical part ok , please give reasons on how much and why I they would offer him the amount.
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