Question 1

1. Differentiate between Data and Information.
2. Identify and explain at least two ways in which Information Technology enhances:

1. Financial analysis
2. Management decision making, and

(iii) Development of careers in Finance

3. State and briefly explain five (5) limitations of using Information Technology in Finance?
4. Giving examples, briefly explain two of the following management reports:

1. Analyses
2. Prediction
3. Forecast
4. Optimization report.
5. Exceptional report.