Use the Chart Below to Answer the Following Questions Regarding

question 68

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 customer sales order?

• A) #2
• B) #1
• C) #5
• D) #15

---

Definitions:

Liability Decreases

A reduction in the amounts owed by an entity to external parties or creditors.

Debit Balance

An account balance where the total debits exceed the total credits, often indicating the amount that a company or individual owes.

Credit Balance

A situation where the total credits in an account exceed the total debits, common in liability and revenue accounts.

Income Tax Instalment

Payments made to tax authorities in installments rather than a lump sum, typically for estimated taxes.