Managers and accountants collect most of the cost information that goes into their systems through ________.
A) an information data bank
B) computer programs
C) source documents
D) time surveys

Question

Quizplus · Accepted Answer

Source documents such as invoices, receipts, and purchase orders provide the necessary information for managers and accountants to collect cost information. While information data banks and computer programs may also be used, source documents are the primary method of collecting cost data. Time surveys, on the other hand, are used to collect information about the amount of time employees spend on specific tasks, not cost data.

Managers and Accountants Collect Most of the Cost Information That