Most Processes on a DFD Can Be Identified by

question 85

Multiple Choice

Most processes on a DFD can be identified by

• A)data in-flows only.
• B)data out-flows only.
• C)data flows both into or out of a process.
• D)always being followed by a data store.

Identify the features QuickBooks offers for managing and re-using transactions, such as memorized transactions.

Learn how to categorize transactions into the four main categories in QuickBooks: Customers, Vendors, Employees, and Banking.

Comprehend the significance of transaction types like Customer transactions, Vendor transactions, and Banking transactions within QuickBooks.

Grasp how QuickBooks facilitates the transaction recording process through its user interface.

---

Definitions:

Inventories Balance

The total value of a company's raw materials, work-in-progress, and finished goods that are considered current assets on a balance sheet.

Parent Entity

A company that owns more than half of another company's stock and has control over it, making the latter a subsidiary.

AASB 12/IFRS 12

Disclosures of Interests in Other Entities, a standard that sets the requirements for disclosing information about an entity's interests in subsidiaries, joint arrangements, associates, and unconsolidated structured entities.

Voting Rights

Rights granted to shareholders to vote on company matters, such as electing the board of directors or approving corporate policies.