In a Document Flowchart of a Manual Customer Payment Processing

question 51

Multiple Choice

In a document flowchart of a manual customer payment processing system,"update customer file" will be shown by a(n) ________ symbol,and "update account receivable" will be shown by a(n) ________ symbol.

• A)input;output
• B)input;manual operation
• C)manual operation;output
• D)manual operation;manual operation

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Definitions:

Liable

Legally responsible or obligated to do something, particularly paying compensation for harm or damage.

Requirements Contract

A contract in which one party agrees to purchase all of its required goods or services from the other party.

Exclusive Dealing Contracts

Agreements where a retailer or distributor is obligated to buy from only the contracted supplier, thereby limiting the retailer's ability to purchase from other vendors.

Sufficient Consideration

A vital element in contract law, referring to something of value exchanged between parties that is necessary to form a legally binding agreement.