Nishant Kumar Has Been Hired by American Manufacturing as a Staff

question 29

Multiple Choice

Nishant Kumar has been hired by American Manufacturing as a staff accountant in the internal audit department.He has been asked to thoroughly document the existing accounting information system in preparation for making recommendations for improvements to internal controls.He 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:

Existing Market

A market where products or services are already available and where a business may face competition upon entry.

Product Line

A group of closely related products that are treated as a unit because of similar marketing strategy, production, or end-use considerations.