Introduction Businesses have to constantly process information about themselves and their...

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Transcript of Introduction Businesses have to constantly process information about themselves and their...

Page 1: Introduction Businesses have to constantly process information about themselves and their environments so that they can compare their actual condition.
Page 2: Introduction Businesses have to constantly process information about themselves and their environments so that they can compare their actual condition.

Introduction

Page 3: Introduction Businesses have to constantly process information about themselves and their environments so that they can compare their actual condition.

Businesses have to constantly process information about themselves and their environments so that they can compare their actual condition to the condition they planned to be in.

Page 4: Introduction Businesses have to constantly process information about themselves and their environments so that they can compare their actual condition.

Lesson Objectives

Understand the difference between data and information.

Understand the role of information and technology in the business environment.

Be aware of some of the key types of information businesses use.

Be familiar with the accounting cycle and different types of accounts.

Be exposed to two key financial statements and some financial ratios derived from those statements.

Information Technology

Accounting

Page 5: Introduction Businesses have to constantly process information about themselves and their environments so that they can compare their actual condition.

Advanced Organizer Question

Take a moment to write down the different types of information that you think are important to a business.

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