The ____ function in a construction company will record all the expenses incurred in the operation of the entire company.
A)cost-accounting
B)cash-accounting
C)direct-accounting
D)arrears-accounting

Question

Quizplus · Accepted Answer

Cost-accounting is the function that records all expenses incurred in the operation of a construction company. This includes direct and indirect costs related to labor, materials, equipment, and overhead expenses. Cash-accounting, on the other hand, only records cash inflows and outflows, while direct-accounting focuses only on direct costs associated with specific projects. Arrears-accounting refers to recording expenses and payments after they are due, which is not relevant to this context.

The ____ Function in a Construction Company Will Record All