{"id":53902,"date":"2024-04-16T00:01:05","date_gmt":"2024-04-16T00:01:05","guid":{"rendered":"https:\/\/exam.pscnotes.com\/mcq\/?p=53902"},"modified":"2024-04-16T00:01:05","modified_gmt":"2024-04-16T00:01:05","slug":"collection-of-cost-data-according-to-accounting-system-in-an-organized-way-is-classified-as","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/mcq\/collection-of-cost-data-according-to-accounting-system-in-an-organized-way-is-classified-as\/","title":{"rendered":"Collection of cost data, according to accounting system in an organized way is classified as"},"content":{"rendered":"<p>[amp_mcq option1=&#8221;system accumulation&#8221; option2=&#8221;accumulated data&#8221; option3=&#8221;cost accumulation&#8221; option4=&#8221;organized accumulation&#8221; correct=&#8221;option1&#8243;]<!--more--><\/p>\n<p>The correct answer is: <strong>A. system accumulation<\/strong><\/p>\n<p>System accumulation is the process of collecting cost data according to an accounting system in an organized way. This data can then be used to track costs, identify trends, and make decisions about how to improve efficiency.<\/p>\n<p>B. accumulated data is not the correct answer because it does not specify that the data is collected according to an accounting system.<\/p>\n<p>C. cost accumulation is not the correct answer because it does not specify that the data is collected in an organized way.<\/p>\n<p>D. organized accumulation is not the correct answer because it does not specify that the data is collected according to an accounting system.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>[amp_mcq option1=&#8221;system accumulation&#8221; option2=&#8221;accumulated data&#8221; option3=&#8221;cost accumulation&#8221; option4=&#8221;organized accumulation&#8221; correct=&#8221;option1&#8243;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[952],"tags":[],"class_list":["post-53902","post","type-post","status-publish","format-standard","hentry","category-costing","no-featured-image-padding"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.2 (Yoast SEO v23.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Collection of cost data, according to accounting system in an organized way is classified as<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/exam.pscnotes.com\/mcq\/collection-of-cost-data-according-to-accounting-system-in-an-organized-way-is-classified-as\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Collection of cost data, according to accounting system in an organized way is classified as\" \/>\n<meta property=\"og:description\" content=\"[amp_mcq option1=&#8221;system accumulation&#8221; 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