Which of the Following Is Most Likely to Be Represented

question 39

Multiple Choice

Which of the following is most likely to be represented with a set of parallel lines in a data flow diagram?

• A)Sell product to customers
• B)Customer file
• C)Sold products
• D)Any of these

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Definitions:

Unsecured Liability

A financial obligation that does not have collateral backing, meaning creditors may not have claims on the borrower's assets if the debt is not repaid.

Salaried Employees

Workers who are paid a fixed regular amount, typically monthly or biweekly, regardless of hours worked, as opposed to being paid hourly.

Liquidation

The process of winding up a company's operations, selling off its assets, and distributing the proceeds to creditors and shareholders.

Stockholders' Equity

Represents the owners' residual interest in a corporation's assets after deducting its liabilities, often referred to as shareholders' equity or owners' equity.