A Data Flow Diagram

question 107

Multiple Choice

A data flow diagram

• A)is a graphical description of the source and destination of data that shows how data flow within an organization.
• B)is a graphical description of the flow of documents and information between departments or areas of responsibility.
• C)is a graphical description of the relationship among the input,processing,and output in an information system.
• D)is a graphical description of the sequence of logical operations that a computer performs as it executes a program.

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Definitions:

Average Variable Cost (AVC)

The total variable costs of production divided by the quantity of output produced, representing the variable cost per unit of output.

Average Total Cost

The total cost of production divided by the quantity of output produced, representing the average cost per unit of good or service.

Average Fixed Cost

The fixed costs of production (costs that do not change with output) divided by the quantity of output produced, which decreases as production increases.

Total Costs

The aggregate financial expense incurred in the production of goods or services, including both fixed and variable costs.