أنشئ حسابًا أو سجّل الدخول للانضمام إلى مجتمعك المهني.
Information is processed data or in other words information is the output of a process in which data is input.
Simply
Data is the raw material before treatment
Information is data after the treatment process
information is what we get after inserting data in accounting system
THE DATA IS A COLLECTION OF FACTS AND FIGURES WHEN WE PROCESS THESE DATA TO IMPOSE DIFFERENT FORMULAS LIKE AVERGAE , MODE , MEDIAN , ETC THE DESIRED RESULT IS CALLED INFORMATION
data is raw information while information is processed data.
Information is the processed data from which we can interpret and make decision
Data on the other hand is information is in its raw format or unprocessed.
Information is processed and organized data.Data is the raw input and information is the output.
Information is meaninful but data consists of a huge amount of things without meaning.
As an acccountant we need information to reach in conclusion which combines all relevant data.
But each data is not considered as relevant to reach in certain conclusion.
Information could be narrative. Data: Quantitative