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sources of information

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA PM Exams › sources of information

  • This topic has 3 replies, 2 voices, and was last updated 7 years ago by John Moffat.
Viewing 4 posts - 1 through 4 (of 4 total)
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  • November 2, 2017 at 8:17 pm #414159
    adarsh1997
    Participant
    • Topics: 646
    • Replies: 282
    • ☆☆☆☆

    Could you briefly explain what is meant by direct data capture and processing costs?

    November 3, 2017 at 10:15 am #414197
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54724
    • ☆☆☆☆☆

    Direct data capture is where data in input into the system directly instead of someone having to type it in separately.

    So, for example, scanning a bar code on an item of inventory can record what the item is without someone having to type it in from a handwritten list. Obviously it is cheaper to input it directly.

    November 8, 2017 at 9:10 am #414803
    adarsh1997
    Participant
    • Topics: 646
    • Replies: 282
    • ☆☆☆☆

    I’ve got your point. Thanks.

    What about processing costs? What does that mean?

    November 8, 2017 at 9:39 am #414813
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54724
    • ☆☆☆☆☆

    The cost of processing data!!

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