Gathering cost information through observations and interviews from departments within an organisation is known as the:
A)account analysis method.
B)conference method.
C)industrial engineering method.
D)quantitative analysis method.

Question

Quizplus · Accepted Answer

The conference method involves gathering cost information through discussions or interviews with department heads or managers who have knowledge of the operations. This method relies on the expertise and experience of these individuals to estimate costs.

Gathering Cost Information Through Observations and Interviews from Departments Within