The Following Systems Flowchart Segment Depicts a User Entering Business

question 116

Multiple Choice

The following systems flowchart segment depicts a user entering business event data from a source document to update a master file data store. Which statement is correct?

• A) The systems flowchart was created properly.
• B) Only a single disk must be used to represent the master data.
• C) The every day symbol should be connected with a solid line.
• D) The master data is a sequential data store.

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Definitions:

Variable Expense Per Unit

The cost that varies with each unit of product produced or sold.

Total Contribution Margin

The total amount of revenue remaining after all variable costs have been subtracted, indicating how much revenue is available to cover fixed costs and generate profit.

Sales Volume

The quantity of goods or services sold within a specific period.

Break-even Point

is the level of sales at which total revenue equals total costs, resulting in neither profit nor loss for the business.