Question

The system within a business for converting raw data from source documents (like invoices, sales receipts, bills, and checks) into information that will help a manager make business decisions is known as a/an ______.

Answer 1

Answer: Accounting

Explanation:

Accounting is the system in which the financial transaction of the business are recorded and interpreted for the communication in the business.

By using the accounting process, the financial information are analyzed or summarized that helps the manager in an organization for the decision making process.

The accounting perform an efficient function by converting all the raw data into the source form documents such as bills and receipts.