Examlex

Solved

Jim Is Working from a Leveled DFD and Creating Structure

question 59

True/False

Jim is working from a leveled DFD and creating structure charts.He is finding that the lower levels of the DFD generally correspond to transform structures.


Definitions:

Profit

The financial gain achieved when the revenue earned from a business activity exceeds the expenses, costs, and taxes needed to sustain the activity.

Wage

Payment to a worker from an employer for labor or services, usually expressed as an hourly, daily, or piece rate.

Marginal Revenue

The change in total revenue from an additional unit sold.

Marginal Cost

The cost of producing one additional unit of a good or service, important in decision-making processes about production levels.

Related Questions