Flowchart Symbols That Represent the I/O Function and the Medium

question 116

Multiple Choice

Flowchart symbols that represent the I/O function and the medium upon which the information is recorded,and/or the manner of handling such information,are known as

• A) basic input/output symbols.
• B) specialized input/output symbols.
• C) LDFD symbols.
• D) HIPO hierarchy chart modules.

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Definitions:

Controlling Account

A general ledger account that summarizes the total amounts listed in a subsidiary ledger.

Cash Payments Journal

A financial journal that records all cash payments made by a business, including expenses, asset purchases, and debt payments.

Sales Discounts

Refers to reductions from the listed price of goods or services, offered by sellers to buyers, typically as an incentive or reward.

Accounts Payable

Amounts a company owes to creditors for goods or services bought on credit.