Use the Chart Below to Answer the Following Questions Regarding

question 46

Multiple Choice

Use the chart below to answer the following questions regarding flow chart symbols.
-Which symbol would be used in a flowchart to represent a computer process?

• A) #1
• B) #2
• C) #5
• D) #15

---

Definitions:

Cost of Goods Manufactured

The total cost incurred to manufacture products, including direct labor, direct materials, and manufacturing overhead, during a specific period.

Financial Accounting

The field of accounting focused on the summary, analysis, and reporting of financial transactions pertaining to a business to external entities.

Managerial Accounting

The process of preparing management reports and accounts that provide accurate and timely financial and statistical information required by managers to make day-to-day and short-term decisions.

General-Purpose Reports

General-purpose reports are financial statements designed to meet the broad information needs of external users, such as shareholders and creditors, rather than tailored for specific managerial requirements.