Nancy Kempf Has Been Hired by Andersen Manufacturing as a Staff

question 47

Multiple Choice

Nancy Kempf has been hired by Andersen Manufacturing as a staff accountant in the internal audit department.She has been asked to thoroughly document the existing accounting information system in preparation for making recommendations for improvements.She decides to begin by meeting with the information technology staff in order to develop an understanding of the overall operation of the AIS,including data entry,storage,and output.The documentation tool that he should employ for this purpose is a

• A)data flow diagram.
• B)document flowchart.
• C)system flowchart.
• D)program flowchart.

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Definitions:

Competitive Benchmarking

A process where a company measures its performance or processes against those of its competitors to identify improvements or strategies.

Industry Benchmarking

A process of measuring a company's performance, operations, or processes against the best practices from other companies within the same industry.

Process Benchmarking

The practice of comparing business processes and performance metrics to industry bests or best practices from other companies.

External Benchmarking

The process of comparing a company's performance or processes against those of other companies, typically industry leaders, outside the organization.