In the Data Flow Diagram Below,inventory Is a

question 54

Multiple Choice

In the data flow diagram below,inventory is a

• A)data store.
• B)data source.
• C)data flow.
• D)data source and destination.

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Definitions:

Liabilities

Financial obligations or debts a company owes to others, which must be settled over time through the transfer of assets, provision of services, or other economic benefits.

Dividends Distributed

The portion of a company's earnings paid out to shareholders.

Accounting Equation

The basic principle underlying accounting that asserts that Assets = Liabilities + Equity, illustrating the balance among what a company owns and owes at any point in time.

Asset Accounts

Accounts that record the resources owned or controlled by a company that have future economic value.