Business Chapter 15

data presented in a form that is useful for a specific purpose

numerical or verbal descriptions that usually result from some sort of measurement

a single collection of data and information stored in one place that can be used by people throughout an organization to make decisions

a firm’s procedures for generating, using, and sharing important data and information

a type of software program that provides relevant data and information to help a firm’s employees make decisions

a type of computer program that uses artificial intelligence to imitate a human’s ability to think

a system that provides managers and employees with the information they need to perform their jobs as effectively as possible

the transformation of data into a form that is useful for a specific purpose

the process of systematically collecting, analyzing, and reporting financial information

an accepted set of guidelines and practices for U.S. companies reporting financial information and for the accounting profession