Ruth Is an Analyst

question 38

Multiple Choice

Ruth is an analyst.On her DFD diagram she has just placed a process.She will

• A)Give it a verb phrase name,like 'search inventory'
• B)Give it a noun description phrase,like 'Inventory-process-1'
• C)Give it only a number - and depending on whether it is a major process (a whole number)or a subsidiary process (a whole number with a decimal point and value - like 1.3)
• D)Give it a sentence name,like 'Customer arrives at checkout counter'
• E)Use whatever process she feels comfortable with - as long as she is consistent

---

Definitions:

Accounting Standards

Rules and guidelines set by governing bodies that dictate how financial statements should be prepared and presented.

Direct Method

A cash flow statement preparation approach that involves reporting major classes of gross cash receipts and payments.

Operating Cash Flows

Cash generated from the primary activities of a business, including revenue from sales of goods and services.

Presentation Method

The way financial information is displayed and organized in financial statements or reports.