Data Flow Diagrams Can Be Used For: (I) Completing the Steps

question 5

Multiple Choice

Data flow diagrams can be used for: (i) completing the steps in the accounting cycle, (ii) making business processes more efficient and effective, (iii) completing one or more steps of the systems development life cycle.

• A)I and II only
• B)I and III only
• C)II and III only
• D)I, II and III

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Definitions:

Seasonal Indexes

Statistical factors used in time series analysis to adjust for seasonality and understand periodic fluctuations in data.

Regression Trend Line

A line on a scatter plot, derived from regression analysis, that shows the main trend of the relationship between two variables.

Mean Absolute Deviation

Mean absolute deviation is a measure of variability that represents the average absolute difference between each data point and the mean of the data set.

Sum of Squares

A statistical measure that quantifies the variance within a dataset by summing the squared differences between each value and the mean.