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List the Six Design Principles Associated with Flowcharting Discussed in the Text

question 34

Essay

List the six design principles associated with flowcharting discussed in the text.


Definitions:

Markup Percentage

The percentage added to the cost of goods to cover overhead and profit, determining the selling price.

Invested Assets

Assets that are purchased or acquired with the expectation that they will generate income or increase in value over time.

Target Cost

The estimated price for a product or service that is determined by subtracting a desired profit margin from the competitive market price.

Profit Margin

The ratio or percentage of profit to sales, reflecting the efficiency with which a company or business unit generates income relative to its revenue.

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