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7 Cards in this Set

  • Front
  • Back
Define data communication
Transmission of information through the medium of numbers
How are numbers presented for management?
In tables and graphs
How should data be presented
in form suitable for the receiver rather than convenient for the producer.
How do managers generally meet data?
1. Business reports
2. Management information systems
3. Accounting data
4. Self-generated data
List the rules for data presentation
1. Round numbers to two effective figures
2. Reorder the numbers
3. Interchange rows and columns
4. Use Summary measures
5. Minimise use of space and lines
6. Labeling clear but unobstrusive
7. Use verbal summary
How is presenting accounting data different?
1. They have a logical sequence
2. Tradition of how accounts are set up
3.Legal requirements
Which rules appropriate for accounting?
Rules 1, 5, 6 and 7
1. Round numbers to 2 digits
5. Minimise use of space and lines
6. Labeling clear but unobstrusive
7. Use verbal summary