A Modeling Technique That Allows You to Represent a Set

question 70

Multiple Choice

A modeling technique that allows you to represent a set of conditions and the actions that follow from them in a tabular format best describes:

• A)data flow diagram
• B)decision table
• C)flowchart
• D)Structured English

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Definitions:

AASB 116

An Australian accounting standard that outlines the accounting treatment for property, plant, and equipment including recognition, depreciation, and impairment.

Revaluations

The process of adjusting the book value of a capital asset or currency to its current market value.

Property, Plant and Equipment

Long-term tangible assets held for business use and not expected to be converted to cash in the short term.

Class-by-Class Basis

A method of analysis or reporting where items are categorized and evaluated separately in distinct classes or groups.