The Following Systems Flowchart Segment Depicts a User Entering Business

question 36

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:

Acid-Test Ratio

A financial metric used to gauge a company's liquidity by comparing its most liquid assets, without including inventory, to its current liabilities.

Profitability

This refers to the ability of a business to generate earnings as compared to its expenses over a specified period.

Liquidity

The ease with which assets can be converted into cash without significantly affecting their value.

Current Ratio

A liquidity ratio that measures a company's ability to pay short-term obligations with its current assets over current liabilities.