Presented Below Is a List of Terms Relating to Accounting

question 11

Short Answer

Presented below is a list of terms relating to accounting information systems,followed by definitions of those terms.
Required: Match the letter next to each definition with the appropriate term.Each answer will be used only once.
________ 1.On-line storage symbol
________ 2.Off-page connector symbol
________ 3.Manual input symbol
________ 4.Basic process symbol
________ 5.Decision symbol
________ 6.Off-line storage symbol
________ 7.Terminal symbol
________ 8.Basic input/output symbol
________ 9.Connector symbol
________ 10.Manual process symbol
A.To indicate that a factory employee uses a workstation on the factory floor to key in a code that means that the production run has been completed
B.To indicate that the treasurer will sign the payroll checks
C.To indicate that a check is being mailed outside the company
D.To indicate that a document is being sent to another department
E.To indicate that the bank loan officer approves or does not approve of an increase in the customer's line of credit
F.To indicate that computer software will calculate the employees' gross pay deductions,and net pay
G.To indicate a file of paper documents
H.To indicate files stored on the hard disk
I.To indicate the general ledger file
J.To indicate the beginning or the end of the flowchart

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Definitions:

Expanded Financial Capacity

An increase in a company or organization’s ability to secure funding or generate financial resources.

Limited Liability

A legal status where a person's financial liability is limited to a fixed sum, most commonly the value of a person's investment in a company or partnership.

Franchising Agreement

A legal contract between a franchisor and franchisee, outlining the rights, responsibilities, and terms for operating a franchise.

Franchisor

A company or individual that grants the right to operate a business under their brand and system to a franchisee.