Welcome to the NCERT Solutions for Class 11 Accountancy - Chapter Applications of Computers in Accounting. This page offers a step-by-step solution to the specific question from Exercise 1, Question 5: . With detailed answers and explanations for each chapter, students can strengthen their understanding and prepare confidently for exams. Ideal for CBSE and other board students, this resource will simplify your study experience.
State the relationship between information and decision.
As a system, every organisation accepts inputs and transforms them into outputs. All organisation systems pursue certain objectives through a process of resource allocation, which is accomplished through the process of managerial decision - making. Information facilitates decision regarding allocation of resources and thereby assists an organisation in pursuit of its objective.
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Read MoreWelcome to the NCERT Solutions for Class 11 Accountancy - Chapter . This page offers a step-by-step solution to the specific question from Excercise 1 , Question 5: State the relationship between information and decision.....
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