What do u mean by MIS?
- 23 Answers
- 39139 Views
- Sutherland, I also Faced
- E-Mail Answers
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 |
How to Determine Bad Debts Expense?
Whether setting up of diary plants comes under CMA under Farm Sector or Non Farm Sector
what is the diffrence between gross profit& net proffit?
what is mutualfunds?
what is the basic function of accounting?
a meausre of risk per unit of expected retun
Anybody please tell me which software course is better for accounting at presint?
I WANT ACCOUNT ASSISTANCE INTERWIEV QUETION IN L&T
what is serviuce tax,how to calculate service tax?
What is exact difference b/w Accounts and finance
WHAT IS GENERAL LEDGER HOW MANY TYPES OF IT, AND WHEN GL WILL USE IN WHICH SITUATIONS DESCRIBE ME
Difference between Accounts & Finance ?
6 Answers BNP Paribas, Marketing, Shriram,
Audit 
