The Context-Level Data Flow Diagram Depicts

question 32

Multiple Choice

The context-level data flow diagram depicts:

• A) the boundaries of a system.
• B) detailed processes that transform the incoming data to information.
• C) the system entities and how they are related.
• D) computer programs and their files.

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Definitions:

Net Saver

An individual or entity that saves more money than they spend or invest, contributing positively to their financial assets over time.

Utility-Maximizing

Represents the economic principle where individuals or firms make choices that result in the highest possible level of satisfaction or efficiency within their constraints.

Lender

An individual, institution, or entity that provides funds to another with the expectation that the funds will be repaid, often with interest.

Utility Function

A mathematical representation that ranks an individual's preferences over a set of goods and services.