Information
technology: This is the study or use of
computers and telecommunications for storing and sending information, facts and
knowledge.
technology: This is the study or use of
computers and telecommunications for storing and sending information, facts and
knowledge.
Management
information system: This is a data
processing system, which provides information to management for the purpose
controlling the business and as a basic of decision making.
information system: This is a data
processing system, which provides information to management for the purpose
controlling the business and as a basic of decision making.
Profitability: This
is defined as the potential of a company to exceed its overall revenue from its
total expense which results in profit generation.
is defined as the potential of a company to exceed its overall revenue from its
total expense which results in profit generation.
Loans and advances:
These are funds given out by banks,
repayable at agreed terms.
These are funds given out by banks,
repayable at agreed terms.
Savings account: These
are deposits made with the bank which allow withdrawal without notice.
are deposits made with the bank which allow withdrawal without notice.
Deposit:
These are deposits made with the bank for safe keeping and for the purpose of
earning interest.
These are deposits made with the bank for safe keeping and for the purpose of
earning interest.
Retained
profit/loss: The accumulated balance on the
profit and loss account after appropriate.
profit/loss: The accumulated balance on the
profit and loss account after appropriate.
Bad debt written
off: Credit facilities granted to
customers which has now become clearly recoverable.
off: Credit facilities granted to
customers which has now become clearly recoverable.
