Which type of billing involves creating an awareness of true costs without actual collection?

Informational billing is the correct choice because it serves to inform stakeholders about the costs associated with services provided without actually collecting payment. This method is often used in organizations to enhance transparency and ensure that stakeholders understand the financial implications of resource usage or services rendered. By creating awareness of costs, organizations can facilitate better decision-making regarding future resource allocation and service utilization without imposing any immediate financial burden.

This approach can be particularly useful in internal processes where the goal is to provide insight into costs for budgeting and planning purposes. It enables users or departments to comprehend where resources are being consumed and how costs are incurred, helping to drive more effective management of those resources.

In contrast, options like no billing, internal billing, and billing and collection involve either a lack of communication regarding costs, actual transfer of funds within departments, or the complete process of invoicing and collecting payments. While these methods serve different purposes, they do not align with the objective of providing cost awareness without immediate collection, which makes informational billing the most fitting answer.