In a Customer Payment Processing DFD,the "Update Receivables" Activity Will

question 42

Multiple Choice

In a customer payment processing DFD,the "update receivables" activity will be represented by ________,the "accounts receivable file" will be represented by ________,and the "credit manager" will be represented by ________.

• A)a square;two horizontal lines;a circle.
• B)a rectangle;a square;a circle.
• C)a circle;two horizontal lines;two horizontal lines.
• D)a circle;two horizontal lines;a square.

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Definitions:

Price

The amount of money required to purchase a good or service, determined by factors such as supply and demand.

Market Price

Market price is the current price at which a good or service can be bought or sold in a competitive marketplace.

Profit

The financial gain obtained when the amount of revenue gained from a business activity exceeds the expenses, costs, and taxes needed to sustain the activity.

Short Run

A period in which at least one factor of production is fixed, constraining the ability of a firm to adjust its output levels.