A Flowchart with the Addition of a Time Axis Becomes

question 15

True/False

A flowchart with the addition of a time axis becomes a process chart.

---

Definitions:

Pie Chart

A pie chart is a graphic display in the form of a circle divided into pie-shaped sectors that are used to present data in percentages.

Envelope Accounting

A budget management strategy where money is divided into envelopes for different spending categories, helping to control expenses.

Cash Flow

The money that goes in and out of a budget within a fixed period of time.

Budget Plan

A detailed outline of expected income and expenses over a given period, helping individuals or organizations manage their finances.