Consider the Following Partially Completed Flowchart as You Respond to the Questions

question 40

Multiple Choice

Consider the following partially completed flowchart as you respond to the questions: Consider the symbol labeled "C." Including the symbols before and after it, which of the following principles is illustrated?

• A)Every document should have a clear point of origin.
• B)Every document should have a clear point of termination.
• C)Both every document should have a clear point of origin and every document should have a clear point of termination.
• D)Neither every document should have a clear point of origin nor every document should have a clear point of termination.

---

Definitions:

Source Of Cash

Refers to the origins of funds for a business or individual, such as operations, financing activities, or investment returns.

Asset Account

This refers to any account on a company's balance sheet that represents a tangible or intangible resource owned by the company that has economic value.

Liquid Accounts

Refers to financial accounts which hold assets that can be readily converted into cash, often with little to no loss in value, such as savings accounts or money market accounts.

Profitability Ratios

Financial metrics used to evaluate a company's ability to generate profit relative to its revenue, assets, equity, or other financial metrics.