The Following Systems Flowchart Describes How a Data Entry Clerk

question 68

Multiple Choice

The following systems flowchart describes how a data entry clerk key enters data on a source document into business event data.Which statement describes whether the systems flowchart was created properly?

• A)The systems flowchart was created properly.
• B)The arrow between the computer process and the data store should be bi-directional.
• C)The computer process should be shown in the computer column.
• D)The second symbol in the data entry clerk column should be a square.

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Definitions:

Net Income

The final earnings of a corporation once all costs, taxes, and expenses are subtracted from gross revenue.

Retained Earnings

Retained Earnings are the portion of a company's profits that are not distributed as dividends to shareholders but are instead reinvested in the business.

Loss Accounts

Financial accounts within a company's books that represent expenses exceeding incomes, leading to a net loss.