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Data Flow Diagrams Are Only Used to Audit an AIS

question 60

True/False

Data flow diagrams are only used to audit an AIS.


Definitions:

Foreign Exchange Market

A global decentralized or over-the-counter market for trading currencies, determining exchange rates for every currency.

U.S. Dollar

The United States' official money, commonly utilized worldwide as a standard and reserve currency.

Depreciates

Describes how an asset loses value over time due to wear and tear, age, or obsolescence.

Current Account Transactions

Economic activities that affect a nation's balance of payments, including trade in goods and services, earnings on investments, and transfer payments.

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