Which of the Following Statements Is Incorrect About Flowchart Analysis

question 21

Multiple Choice

Which of the following statements is incorrect about flowchart analysis?

• A)Process-flow analysis is heavily dependent on systems thinking.
• B)Flowcharts are used to describe and improve the transformation process in a business.
• C)There are ten process elements that might be changed when improving the effectiveness or efficiency of productive processes.
• D)Swim lane is another name for a flowchart.
• E)None of the above

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Definitions:

Expected-Rate-of-Return Curve

A graphical representation showing the expected returns on investment for different levels of risk.

R&D

Research and Development, the activities aimed at innovating, introducing new products or improving existing ones.

Patentable

Describes inventions or processes that are novel, non-obvious, and useful, making them eligible for legal protection through patents.

Expected-Rate-of-Return Curve

A graphical representation showing the relationship between the expected return on investment and different levels of investment in a project.