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In order for documentation to provide benefits to your company, you must know which form of documentation to use. Which of the following best defines documenting the business?

In order for documentation to provide benefits to your company, you must know which form of documentation to use. Which of the following best defines documenting the business?

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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In order for documentation to provide benefits to your company, you must know which form of documentation to use. Which of the following best defines documenting the business? O Documenting the business can be documented with a narrative description or a more complex flowchart, which can be costly to build and maintain. O Documenting the business captures the people who work there or the state of its operations and internal controls. O Documenting the business creates documentation that captures both the movement of data within the system and how data is stored in its database. O Documenting the business creates programs used for moving data into and out of the database.
Transcribed Image Text:In order for documentation to provide benefits to your company, you must know which form of documentation to use. Which of the following best defines documenting the business? O Documenting the business can be documented with a narrative description or a more complex flowchart, which can be costly to build and maintain. O Documenting the business captures the people who work there or the state of its operations and internal controls. O Documenting the business creates documentation that captures both the movement of data within the system and how data is stored in its database. O Documenting the business creates programs used for moving data into and out of the database.
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