One Fundamental Difference Between a Process Chart and a Flowchart

question 174

Multiple Choice

One fundamental difference between a process chart and a flowchart is that:

• A) the process chart adds a time dimension to the horizontal axis, while a flowchart is not time-oriented.
• B) the process chart includes the supply chain, while the flowchart stays within an organization.
• C) the process chart is more like a table, while the flowchart is more like a schematic diagram.
• D) the process chart focuses on the customer and on the provider's interaction with the customer, while the flowchart does not deal directly with the customer.
• E) None of these is true, because a process chart and a flowchart are the same thing.

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Definitions:

Taxable Income

The portion of an individual's or corporation's income that is subject to taxation by the government.

Marginal Tax Rate

The rate at which the last dollar of income is taxed, reflecting the percentage of an additional dollar of income that is paid in taxes.

Total Tax

The cumulative amount of taxes paid by an individual or business across all applicable tax categories within a specific period.

Marginal Tax Rates

The tax rate applied to the last unit of income earned, indicating the percentage of additional income that is paid in taxes.