A Data Flow Diagram Can Be Used

question 47

Multiple Choice

A data flow diagram can be used:

• A)Instead of a systems flowchart in AIS work.
• B)In addition to a systems flowchart in AIS work.
• C)Both instead of a systems flowchart in AIS work and in addition to a systems flowchart in AIS work.
• D)Neither instead of a systems flowchart in AIS work nor in addition to a systems flowchart in AIS work.

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Definitions:

Revenues

The total income generated from the sale of goods or services related to a company's primary operations.

Adjusting Entries

Entries recorded in journals at the conclusion of an accounting period to assign revenues and costs to the time frame in which they were genuinely incurred.

Source Documents

Source documents are original records that contain the details to support business transactions, such as receipts and invoices.

Adjustments Columns

In accounting, columns in ledgers or worksheets where adjustments are recorded before preparing the final financial statements.