A Data Flow Diagram Is Used by Systems Professionals to Show

question 83

Multiple Choice

A Data Flow Diagram is used by systems professionals to show the logical design of a system.The advantage of the method is that it uses only four symbols.The symbol used to represent both sources and destinations of data is a(n) :

• A)Rectangle with rounded corners
• B)Open-ended rectangle
• C)Arrow
• D)Square with squared corners

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Definitions:

Provincial Income Tax

The tax levied by a provincial government on the income of individuals and organizations within its jurisdiction, varying from province to province.

Federal Income Tax Payable

Liabilities owed to the federal government for income taxes that have been incurred but not yet paid.

Direct Method

An accounting approach for the cash flow statement that lists major classes of gross cash receipts and payments.

Deferred Revenue

Deferred revenue is income a company has received for goods or services yet to be delivered or performed, recognized as a liability on the balance sheet until the obligation is fulfilled.