List and Discuss Two Ways Data Flow Diagrams Are Used

question 74

Essay

List and discuss two ways data flow diagrams are used in accounting information systems work.

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Definitions:

Cash Break-Even

The point at which a business's cash inflows equal its cash outflows, excluding financing or investment income.

Straight-Line Depreciation

An operation for dividing up the expense of a tangible asset throughout its active life in uniform annual totals.

Required Rate of Return

This refers to the minimum expected yield by investors to compensate for the risk of the investment.

Financial Break-Even

The point at which total revenues equal total costs and expenses, leaving no net profit or loss.