Nancy Kempf Has Been Hired by Andersen Manufacturing as a Staff

question 48

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 to internal controls.She decides to begin with a description of the information stored in paper records,their sources,and their destinations.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:

Buyers and Sellers

Parties involved in the exchange of goods and services, where buyers provide compensation and sellers provide the goods or services.

Manufacturers' Agents

Independent sales agents who work on behalf of manufacturers to sell their products to wholesalers and retailers.

Noncompetitive

Refers to a situation or environment where there is little to no competition between businesses or individuals.

Exclusive Territory

A business agreement in which a franchisor grants a franchisee the sole right to sell or distribute products or services in a specified geographic area.