Which Flowcharting Symbol Would Be Used to Represent Each Independent

question 38

Essay

Which flowcharting symbol would be used to represent each independent item below? a.Begin manufacturing process b.Complete initial public offering c.Electronic applicant files d.Evaluate product quality e.Issue debt? f.Issue Form W-2 g.Job cost sheet h.Manually assemble raw materials i.Manually file Form W-4 j.Payroll check

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Definitions:

Flexible Budget

A budget that adjusts or flexes with changes in volume or activity levels, allowing for more accurate financial planning and analysis.

Contribution Margin

The difference between sales revenue and variable costs, showing how much revenue contributes to covering fixed costs.

Fixed Budget

A budget that remains constant regardless of changes in the level of activity or volume, typically used for planning purposes.

Variable Costs

Outlays that fluctuate according to the amount of production or volume of sales.