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According to RDS Business & Industry, the definition of financial data is as follows: a full fiscal year data on a company's performance in terms of profits, revenues, operating income, etc. when accompanied by discussion of significant events that have affected performance. Financial data includes, but is not limited to, the documentation of the charges for services, costs of providing services, revenues generated from services and revenues from other sources. An example is a state agency that must collect financial data for administering programs such as Medicaid.

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โˆ™ 2006-06-16 18:11:55
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Q: What is financial data?
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What is Financial accounting data?

what is financial accounting?


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Financial Pages


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Software to represent financial data in a tabular manner?

A spreadsheet or a database could be used. For financial data, it is more likely to be a spreadsheet.


Why do organisation require internal and external auditors?

auditor check reliability of financial data of the organization, and he give assurance about financial data of an organization.


Work done by Data Base Managers?

All data work like collecting financial data and others data


Distinguish between cost accounting and financial accounting?

Financial accounting is the process of preparing financial statements using data and figures. Cost accounting is similar but you look for alternative ways to figure these figures and data.


Inputs to the financial information system?

transaction data


Where to find historical financial data?

The EDGAR system of the Security and Exchange Commission has historical public financial data for any publicly trading company in the United States.


What is financial data management?

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Critical data sources you would use to measure the financial outcomes?

To implement changes in an new organization, what are the critical data sources you would use to measure the financial outcomes?


Are statistics use in a financial spreadsheet?

Yes. Statistics and statistical functions would indeed be used in a financial spreadsheet. A lot of financial data is statistical.


What is the name of the process of recording business financial data?

accounting


What are the sections in a newspaper containing financial data called?

Money


What 2 ways is accounting data used to make business decision?

accounting data is used to determind a company's financial status, and also to execute systematic reports of financial transactions


Internal and external sources of an organization?

external sources include:- communication media supplier customer feed back banks financial instutation internal sources include:- financial report sales data transport data storage data


What do financial information systems do?

Financials information systems analyzes and interprets financial data entered. This helps businesses finalize forecasted financial decisions and plan projects.


A worksheet with financial data laid out in rows and columns?

It is called a spreadsheet.


What is a disadvantage of shopping online?

a higher risk of financial data theft


How can spread sheets help an organisation to keep track of its financial situation?

They have a wide variety of ways of manipulating numerical data. So they are ideal for dealing with anything financial. They also have lots of specialised financial functions that can be used. Data can be stored and all sorts of calculations can be done with the data. It can be used to help the decision making process by analysing the data and testing out what happens with different values, a process often called what-if analysis.


What can you learn about financial accounting?

In terms of insurance companies, financial accounting helps monitor and determine the insurance status of their clients and manage their financial data that the current insurance company has on about their client.


What are the many uses of spreadsheets?

you can use it for: Maniplulation of mass data Graphical visualization Formula Financial tasks Automatically updating data


Which financial statement that reports accounting data at a specific date is the?

Balance Sheet


What is the financial statement that reports accounting data at a specific date?

balance sheet

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