When Data Is Shown Leaving a Process but Not Entering

question 40

Multiple Choice

When data is shown leaving a process but not entering a process, this is called

• A)An acceptable data flow
• B)Black hole
• C)Gray hole
• D)Miracle

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Definitions:

Transferring Debits

The process of moving debit entries from one account to another in accounting, typically to ensure accuracy in financial records.

Credits

A bookkeeping entry that raises a liability or equity account or lowers an asset or expense account.

Journal Entries

The basic building blocks of accounting, representing financial transactions recorded in a company's ledger.

Posting

The process of transferring financial information from the journal to the respective accounts in the ledger, a crucial step in the accounting cycle.