Which of the Following Is Not a Characteristic of System

question 20

Multiple Choice

Which of the following is not a characteristic of system flowcharts?

• A)They are governed by national and international standards.
• B) They show technical details.
• C) They are used to guide the construction of new systems and maintain/evaluate existing systems.
• D) They are also known as problem definition documentation.

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Definitions:

Discount Rate

The interest rate used to discount future cash flows to their present value, important in investment analysis and valuation.

Finance Lease

A type of lease agreement where the lessee assumes substantially all the risks and rewards of ownership of the asset.

IFRS

International Financial Reporting Standards, which are international accounting guidelines for preparing financial statements.

Lessee

A person or entity that leases an asset from another, acquiring the right to use the asset for a specified period in exchange for periodic payments.