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4 years ago

A ____ illustrates the logical steps in a process but does not show data elements and associations.

Business

1 answer:

posledela4 years ago

8 0

Answer:

The correct answer to the following question will be "Flowchart".

Explanation:

A flowchart is some kind of diagram representing a process or workflow. You can also define a flowchart as a diagrammatic recognition of a dataset, a move-by-step strategy to resolving a task. The flowchart displays the phases as different types of boxes, or their sequence by linking the boxes to arrows.

Most common forms of flowchart include:

Process flowchart.
Swimlane Flowchart.
Workflow Diagram.
Data Flow Diagram.

Every flow chart deals with one specific system or process. They are an important instrument for process improvement. They support project teams to recognize the different components of a process by providing graphical representation and understand the interconnections between the different steps.

Therefore, Flowchart is the right answer.

You might be interested in

Wilturner Company incurs $76,000 of labor related directly to the product in the Assembly Department, $25,000 of labor not direc

coldgirl [10]

Answer:

correct option is b) $76,000 and $37,000

Explanation:

given data

Labor related directly to the product = $76,000

labor not directly related to the product = $25,000

labor for services = $12,000

solution

As here Direct Labor is express as

Direct Labor = Labor related directly to the product ...............1

Direct Labor = $76,000

and

Factory Overhead will be as

Factory Overhead = Labor not directly related to the product + labor for services ,................................2

put here value and we get

Factory Overhead $25000 + $12000

Factory Overhead = $37,000

so here correct option is b) $76,000 and $37,000

6 0

4 years ago

Suppose that a country has no public debt in year 1 but experiences a budget deficit of $50 billion in year 2, a budget deficit

cluponka [151]

Answer:

= $62 billion

Explanation:

Since the country started year 1 with no public debt,

The country's debt at the end of year 5 = $50 (deficit year 2) + $30 (deficit year 3) - $20 (surplus year 4, negative deficit) + $2 (deficit year 5)).

= $62 billion

The country's debt at the end of year 5 = $62 billion

Public debt is the sum of deficits and surpluses (negative deficits) over time.

5 0

3 years ago

Price of oil in international markets has dropped stunningly 60% in the past twelve months. Among the factors mentioned behind t

algol [13]

Answer:

Elasticity of demand tends to be more price inelastic in the short run

In the long run, consumers become more aware of alternatives

Elasticity of Supply is the measure of the responsiveness in quantity supplied to a change in price for a specific good

Explanation:

Elasticity of Demand in Short run

In the short run demand is likely be more inelastic (low = less than 1)

If people are used to buying a good, then when the price goes up, they will tend to keep buying it out of habit. However, when they realise the price rise is permanent they will expend more energy and time in looking for alternatives.

Elasticity of Demand in the Long-run

If the price of a good is expensive for a considerable time period, consumers looking to save money will start trying to find alternatives.

if the goods take a higher percentage of disposable income they may make large changes to their lifestyle.

Elasticity of supply in short-run

The short-run is such a period in which the fixed factors like plants, machinery , etc. cannot be changed. The firm can, therefore raise output by increasing the quantities of variable factors such as labour.

Elasticity of supply in the long-run

The long run supply of a perfectly competitive industry indicates the various quantities of a product offered at various prices. In the long run, the firms can change the existing plant and equipment and they can enter or leave the industry, so that price is always equal to both marginal cost as well as the minimum average cost (Price =LMC = LAC).

6 0

3 years ago

Kelly Fisher invested a total of $20,000 invested in two municipal bonds that have yields of 8% (bond A) and 10% (bond B) intere

Svetradugi [14.3K]

Answer: Bond A = $14,000

Bond B = ₦6,000

Explanation:

We can solve by setting up mathematical equations.

Let A and B be used to express the dollar amounts invested at 8% and 10% respectively.

Capital invested equation becomes A + B = 20,000 - - - - - eq 1

Percentage interest equation becomes 8% of A + 10% of B = 1,720

To remove percentages we multiply through by 100, which gives

8A + 10B = 172,000 - - - - - - eq 2

So we have two simultaneous equations.

To solve, we multiply eq 1 by 10 so by subtraction we can eliminate B, then solve for A. Eq 1 becomes

10A + 10B = 200,000 - - - - eq 3

Subtract eq 2 from eq 3

(10A - 8A) + (10B - 10B) = 200000 - 172000

2A = 28000

A = 28000/2 = $14,000

A + B = 20000 from eq 1

Now A is 14000

14000 + B = 20000

B = 20000 - 14000

B = $6,000

Therefore capital invested is $14000 for bond A and $6000 for bond B

5 0

4 years ago

In the financial industry, "securitization" refers to

iren [92.7K]

In the financial industry, "securitization" refers to bundling debt, such as loans, bonds and mortgages into securities. In finance, a security is a tradable asset. They are debt securities such as bonds and then there are equity securities such as stocks. Bundling debt keeps everything organized and streamlined for people to know what they need to pay down.

3 0

4 years ago