The Data Flow Diagram May Be Used to Analyze the Proposed

question 56

True/False

The data flow diagram may be used to analyze the proposed system.

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Definitions:

Contingent Liabilities

Contingent liabilities are potential liabilities that may arise depending on the outcome of a future event.

Natural Disasters

Severe and sudden natural events caused by environmental factors that can result in substantial damage and pose significant risks to life, property, and economic stability.

Future Events

Prospective occurrences or situations that have not yet happened but may affect an entity's operations or financial performance in subsequent periods.

Contingent Liability

A potential financial obligation that may occur in the future depending on the outcome of a specific event.