In the Gane and Sarson Model,a Rectangle with Rounded Corners

question 30

Multiple Choice

In the Gane and Sarson model,a rectangle with rounded corners on a data flow diagram represents a:

• A)data store
• B)data flow
• C)process
• D)source/sink

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Definitions:

Externalities

Economic side effects or by-products that affect uninvolved third parties; can be negative (like pollution) or positive (like education benefits), and are not reflected in market prices.

Property Rights

Legal rights to own, use, and dispose of assets or resources, playing a critical role in determining the allocation and use of resources in an economy.

Enforced

Imposed by authority or law, ensuring compliance or obedience through the application of rules or regulations.

Radioactive Waste

Waste material containing radioactive substances which can remain hazardous to human health and the environment for thousands of years.