Distinguish between data and information.
Discuss the characteristics of useful information.
Explain how to determine the value of information.
Explain the decisions an organization makes and the informationneeded to make them.
Identify the information that passes between internal andexternal parties and an AIS.
Describe the major business processes present in mostcompanies.
Explain what an accounting information system (AIS) is anddescribe its basic functions.
Discuss how an AIS can add value to an organization.
Explain how an AIS and corporate strategy affect each other.
Explain the role an AIS plays in a company’s value chain.
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