Which of the Following Statements About White Space in a Flowchart

question 74

Multiple Choice

Which of the following statements about white space in a flowchart is most true?

• A)"Adequate white space" is a matter of judgment.
• B)A flowchart should not span more than three pages.
• C)Both "adequate white space" is a matter of judgment and a flowchart should not span more than three pages.
• D)Neither "adequate white space" is a matter of judgment nor a flowchart should not span more than three pages.

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Definitions:

Economic Loss

Occurs when total cost exceeds total revenue, not covering all explicit and implicit costs.

Economic Profit

The separation between whole income and all charges, factoring in both straightforward and subtle costs.

Excess Capacity

The situation where a firm is producing less than the maximum output due to lack of demand.

Profit-Maximizing Rule

A principle stating that profit maximization occurs when a firm's marginal cost equals its marginal revenue.