Data and Information
13 September 2012
This article defines data and information, considers the information framework hierarchy within organisations and attributes of quality information.
The concept of data and information is relevant to trainee accounting technicians at all three levels. Unit 4 Supplying Information for Management Control, Unit 7 Reports and Returns and the Management Accounting units 8 and 9 all include reference to information in the performance criteria. In addition to this unit 20 Working with Information Technology focuses on data....