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  3. in a discussion with a colleague the following sta

In a discussion with a colleague the following statement is made to you: 'I was...

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Accounting

In a discussion with a colleague the following statement is made to you: 'I was explainingdata

flow diagrams to our client this morning. It took a while but eventually they understood that

divisions of their organisation must be shown as internal entities, and other businesses or

customers must be shown as external entities.' Evaluate this statement and read relevant

course materials

Question:

Evaluate the extent to which your colleague is correct. Justify whether your colleague is

right or wrong by referring to the definition of internal and external entities. Use examples

to justify your answer.

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