What do u mean by MIS?
Answers were Sorted based on User's Feedback
Mis- Management Information System
1)Every Company has Mis to close the records of the monthly
transactions or the specified period which they have.
2)MIS relates to closing and finalisation of monthly P&l or
balance sheet(in expense classification)
3)It also includes bank recon of all bank books for the
monthly transactions.
4)In short, mis related to all informations(consolidated)on
a monthly basis like service tax input credit or
classifications of cost centre wise.
| Is This Answer Correct ? | 84 Yes | 6 No |
Answer / sukhendra
Every company has their own format to getting a breif
information which covers a particular feilds so MIS is a
format which contains information about the requared
segments like, revenue information, turnover, taxation,and
others
| Is This Answer Correct ? | 44 Yes | 4 No |
Answer / santhosh
There is no specific format for MIS. It can be different
from company to company. The idea for doing MIS (Management
Information System) is to provide the required information
to the management on a monthly basis. The information
required will be fixed by the Management.
| Is This Answer Correct ? | 24 Yes | 0 No |
Answer / rajinder dhawan
M.I.S Means:
Properly Management Information System:
MIS Provides the Clearly Business Turnover Monthly,
annually and he provides the Revenue Expenditure.
In short, MIS Means Safe Record.
| Is This Answer Correct ? | 27 Yes | 4 No |
Answer / prabhakar
MIS means management information systems,which covers
consolidated report format for all sectors like
industries,banking & officical informations
| Is This Answer Correct ? | 18 Yes | 3 No |
Answer / v s kumar
A management information system (MIS) is a subset of the
overall internal controls of a business covering the
application of people, documents, technologies, and
procedures by management accountants to solve business
problems such as costing a product, service or a business
wide strategy.
| Is This Answer Correct ? | 13 Yes | 3 No |
Answer / renu
Management Information System,
It gives the details what the company is in the current
position .Closing all the related details,accounts including
the stocks, work in progress ,raw material which the company
is running in that particular field.It reflects the company
position in a single paper.
| Is This Answer Correct ? | 10 Yes | 1 No |
Answer / rajinder dhawan
MIS :
In Short : Safe Record i.e Managament Information System.
In this System, we can verify easily by
Monthly , yearly , quartely Record like: Turnover, Revenue
Ependiture, Taxation.
Regards
Dhawan
| Is This Answer Correct ? | 6 Yes | 0 No |
which is the standard debt equity ratio ?
WHAT IS F& O SEGMENT?
Assessment Year or Finanacial Year is Both are same or Different.
Should I deduct TDS for Dyeing Charges in Garments Industry? If yes what is the percentage under which group it will come?
Can anyone plz. tell me where can i get the proforma application for DAO.I have tried all the links but i couldn't find any application proforma in the notifications.
equity
Choose the right answer Which of the following is Liability account 1.Bills payable 2.TDS collected 3.Unearned income
Dear All, Could any body send me the format of Delivery Challan? What is Even Transfer and Branch Transfer?Please let me know if any body knows? ekathirvel@gmail.com
what is depreciation?
I gave cash advance of Rs. 70000 to one our enginner at site. He submitted only bills of 69000. Please tell me, how I can write these transaction in the Day book.
3. You are required to show the effect of each of the following changes on profit and Break-Even-Volume from the information given below: Sales 50,000 units Rs. 5.00 per unit Variable cost Rs. 3.00 per unit Fixed cost Rs. 70,000 Changes: (i) Price changes by 20%. (ii) Volume decreases to 40,000 units. (iii) Variable cost increases to Rs 3.50 per unit. (iv) Fixed cost decreases by 10%.
A company maintains a margin of safety of 25% on its current sales and earns a profit of Rs. 30 lakhs per annum. If the company has a profit volume (P/V) ratio of 40%, its current sales amount to A. Rs. 200 lakhs; B. Rs. 300 lakhs; C. Rs. 325 lakhs; D. None of the above.