ISYS ch 13

reporting summarization levels

-level of detail or summarization in a report -uses TSP

periodic vs. demand reports

-periodic: made yearly, monthly, weekly. -demand: made when they are needed

forecasting

-whats going to happen in the future

What are the 3 things included in analysis and predictive reporting?

1.Budget 2.Forecast 3.Variance Reports.

1.Executives 2.Managers 3.Supervisors 4.Laborers

1.Most Summarized Internal / External Strategic 2.Summarized Internal / External Strategic / Tactical 3.Summarized Internal Tactical 4.Detailed Internal Tactical

What are the three main aspects of reporting

1.Reporting Summarization Levels 2.Analysis & Predictive Reporting 3.Management Level Reporting

What are demand reports also called?

ad hoc

Analysis & Predictive Reporting

are reports that analyze information and are predictive in nature in order to make strategic and/or tactical decisions.

tactical decisions

are specific actions that serve a larger purpose ex. hiring employees, inventory

variance

compare the actual and previous events, and actual and forecasted

Business system reporting

describes informational output from an information system to facilitate decision-making.

Supervisory reporting

highly detailed and generated directly from the transaction processing system and is rarely used for decision-making.

What is the ultimate purpose for making reports

make sound business decisions

reconciliation

process of matching and comparing figures in accounting records

strategic decisions

refer to long-term planning designed to achieve a specific goal, ex. trend reporting future oriented

Management Level Reporting

refers to the level of detail or summarization appropriate for a certain level of employee regardless of report type -generally used for tactical

graphical reports

show the information graphically sometimes can be easier to interpret and read

TPS

transaction processing system: collects and store data - all reports made on the same TSP

trend reporting

when you take a specific time period and look at data over that time. ex. 5 day trend