In a Structure Chart,a Transaction Structure _____

question 65

Multiple Choice

In a structure chart,a transaction structure _____.

• A)contains a control module that calls several subordinate modules in sequence,after which something "happens"
• B)contains a control module that calls subordinate modules,each handling a particular transaction
• C)contains a transactional loop
• D)is a subordinate module that handles a particular transaction
• E)is subordinate to subordinal modules

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Definitions:

After-tax Gain

The amount of profit that remains after subtracting the taxes owed on the gain.

Intercompany Profit

Intercompany profit arises from transactions between units of the same company, requiring elimination during the consolidation process to avoid inflating revenues and profits.

After-tax Gain

The net profit that remains after subtracting the tax due from the total gain of a transaction or investment.

Equity Method

An accounting technique used to record an investor's earnings proportional to their stake in an associates company.