Explain the types ofManagement Information System (MIS) reports.

1.	Explain the types ofManagement Information System (MIS) reports.
Answer» The different types of MIS reports are: 1. summary report: It summarises all activities of the organisation and present in the form of summary reports. Ex: P & L a/c, Balance sheet. 2. Customer /supplier reports: According to the specifications of the management it will be prepared. Ex: Purchase analysis, reminder letter etc. 3. Demand reports: This report will be prepared only when the management requests them. Ex: Bad debts report etc. 4. Exception reports: According to the conditions or exceptions the report is prepared. 5. Responsibility reports: The MIS streetcars specifies the premises of management, responsibilities. Ex: Cash position report etc.

Answer»

The different types of MIS reports are:

1. summary report: It summarises all activities of the organisation and present in the form of summary reports.

Ex: P & L a/c, Balance sheet.

2. Customer /supplier reports: According to the specifications of the management it will be prepared.

Ex: Purchase analysis, reminder letter etc.

3. Demand reports: This report will be prepared only when the management requests them.

Ex: Bad debts report etc.

4. Exception reports: According to the conditions or exceptions the report is prepared. 5. Responsibility reports: The MIS streetcars specifies the premises of management, responsibilities.

Ex: Cash position report etc.

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