Final answer:
An internal control flowchart is indeed used to describe, analyze, and evaluate internal control strengths in a company, making the statement true.
Step-by-step explanation:
The statement that an internal control flowchart can be used to describe, analyze, and evaluate internal control strengths is true. An internal control flowchart is a visual representation that illustrates how a company's internal control processes are organized and how they operate. This type of flowchart can help to identify potential points of strength and weaknesses within the company's internal control system, allowing for better analysis and evaluation, which can lead to improvements in efficiency and effectiveness of the internal controls.