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What is the difference betweendata and information? Give anexample each of accounting dataand accounting information.

What is the difference betweendata and information? Give anexample each of accounting dataand accounting information.

Intermediate Accounting: Reporting And Analysis
Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter2: Financial Reporting: Its Conceptual Framework
Section: Chapter Questions
Problem 15GI
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What is the difference between
data and information? Give an
example each of accounting data
and accounting information.

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