UK Accounting Glossary
Data that is: Timely and accurate, specific and organised for a purpose, presented within a context that gives it meaning and relevance, and can lead to an increase in understanding and decrease in uncertainty. Information is valuable because it can affect behaviour, a decision, or an outcome. For example, if a manager is told his/her
1. Things that are or can be known about a given topic; communicable knowledge of something.
2. The act of informing or imparting knowledge; notification.
3. legal A statement of criminal activity brought before a judge or magistrate; in the UK, used to inform a magistrate of an offence and request a warrant; in the US, an accusation brought before a judge without a grand jury indictment.
Data that is:
Information is valuable because it can affect behaviour, a decision, or an outcome.
A piece of information is considered valueless if, after receiving it, things remain unchanged. For a technical definition of information see information theory.
The university imparts information, but it imparts it imaginatively.
He passed on any interesting snippets of information he could glean from his colleagues.
The manager of the local supermarket had one of his busiest days ever earlier this week, because the system was down, leaving him the responsibility of recording sales information.
To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.
Definitions for Information are sourced/syndicated from:
This glossary post was last updated: 30th September 2019.