A Flowchart Is an Analytical Tool Used to Describe Some

question 62

Multiple Choice

A flowchart is an analytical tool used to describe some aspect of an information system.A flowchart that depicts the relationships among the input,processing,and output of an AIS is

• A)an internal control flowchart.
• B)a document flowchart.
• C)a system flowchart.
• D)a program flowchart.

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Definitions:

Qualified Expenses

Expenses deemed deductible or eligible for tax-advantaged treatment under various IRS rules.

Gross Income

The total amount of income earned by an individual or entity before any deductions or taxes are applied.

Earned Income Credit

A refundable tax credit for low to moderate-income working individuals and families, particularly those with children.

Qualifying Child

A dependent of a taxpayer who meets specific IRS criteria for age, relationship, residency, and support for tax benefits.