An Advantage of Using Systems Flowcharts to Document Information About

question 92

Multiple Choice

An advantage of using systems flowcharts to document information about internal control instead of using internal control questionnaires is that systems flowcharts:

• A)identify whether segregation of duties prevent collusion.
• B)provide a visual depiction of the entity's activities.
• C)indicate whether controls are operating effectively.
• D)reduce the need to observe the entity's employees performing routine tasks.

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Definitions:

Share Of Customer

A measure of the quantity of purchase dollars each customer spends on the company’s products.

Market Share

The portion of a market controlled by a particular company or product, often expressed as a percentage of total sales in that market.

Mechanical

Pertaining to machines or the laws of physics that govern how machines work and are utilized.

Direct Customer Interaction

The direct communication and engagement between a business and its customers without intermediaries.