Draw Four Symbols Used in a System Flowcharts and Explain

question 58

Essay

Draw four symbols used in a system flowcharts and explain their meanings.

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Definitions:

Fair Market Value

The price that a property would sell for on the open market, between a willing buyer and a willing seller.

Trade-In Allowance

The value credited to a customer when they exchange an older item towards the purchase of a new item, often used in automotive and electronics sales.

Intangible Assets

Non-physical assets having a value with an indefinite life span, such as patents, trademarks, and goodwill.

Amortized

Amortized refers to the gradual reduction of a debt over a period of time through regular payments that cover both the loan interest and the principal amount.