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