A flowchart that depicts the relationships among the input, processing, and output of an AIS is
A) an internal control flowchart.
B) a document flowchart.
C) a system flowchart.
D) a program flowchart.
Answer: C
Business
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Which of the following financial institutions are considered to be owned by their depositors?
A) Commercial banks and savings and loan associations B) Savings and loan associations and mutual savings banks C) Mutual savings banks and credit unions D) Credit unions and pension funds E) Pension funds and savings institutions
Business
If the firm becomes insolvent, in order to settle debts creditors can claim
a. the assets of the corporate entity. b. the owners' business and personal assets of partnerships. c. the owner's business and personal assets of sole-proprietorships. d. all of the above. e. none of the above.
Business