The Following Systems Flowchart Segment Depicts a User's Query of a Data

question 15

Multiple Choice

The following systems flowchart segment depicts a user's query of a data store to view information on a computer screen. Which statement is correct?

• A) The systems flowchart was created properly.
• B) Only a single direction arrow should connect the data store symbol to the process query symbol.
• C) The query input symbol should be a square.
• D) The query input symbol should be in the computer column.

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Definitions:

T-Account

A T-account is a visual representation of a ledger account, used in accounting to show the effects of transactions on an account balance.

Excess Reserves

Funds that banks hold over and above the legal reserve requirements set by central banking authorities.

Reserve Requirement

This is a monetary policy tool used by central banks, specifying the minimum amount of reserves a bank must hold against its deposits. It influences how much money a bank can lend and thus helps control money supply and inflation.

Excess Reserves

The funds that commercial banks hold in their reserves over and above the regulatory requirement set by the central bank.