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Question
Name the Accounting information sub-system which is linked with other sub-systems for obtaining information about cost and expenses ______.
Options
Cash and Bank sub-system
Costing sub-system
Expense accounting sub-system
Final accounts sub-system
MCQ
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Solution
Name the Accounting information sub-system which is linked with other sub-systems for obtaining information about cost and expenses costing sub-system.
Explanation:
The costing sub-system collects and analyses information related to materials, labour, and other expenses for determining the total cost of products or services. It depends on other accounting sub-systems (like purchases, payroll, and expenses) to obtain detailed cost and expense data.
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