The Loop's Condition in a Flowchart Is Represented by the Decision

question 13

Multiple Choice

The loop's condition in a flowchart is represented by the decision symbol, which is a ____.

• A) diamond
• B) circle
• C) square
• D) triangle

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Definitions:

Prepaid Insurance

The portion of insurance premiums that has been paid in advance and is considered a current asset on the balance sheet because it provides future economic benefits.

Cash Payments

Transactions that involve the transfer of currency or check from one party to another as a form of payment.

Cash Flows

The net amount of cash and cash-equivalents being transferred into and out of a business.

Income Statement

A financial report that shows a company's revenues, expenses, and profits over a specific period, highlighting operational efficiency.